NEC Transfers MR Sensor Business to Murata

Tokyo /JCN Newswire/ -- Murata Manufacturing Co. Ltd. completed the transfer of the magneto-resistance (MR) sensor business from NEC Corp. and NEC Yamanashi Ltd. (NEC Yamanashi).

NEC's MR sensor products are valued for their performance and technical support and are used for a wide range of purposes that include the detection of when mobile phones and laptop PCs are opened or closed and devices that detect the volume of fluid to water heaters, water meters and gas meters.

Murata supplies magnetic identification sensors for currency, magnetic ink and magnetic card ink, as well as rotation sensors used in office and factory equipment. Murata is also pursuing new magnetic sensing technologies in order to expand its business in the industrial equipment, automotive and consumer products segment.

As a result of the MR sensor business transfer, Murata will be able to integrate NEC's MR sensor business technology assets and expertise with its own technologies and broad customer base from the electronic components business. Furthermore, the company will be able to reinforce its initiatives in the expanding MR sensor segment of the consumer products and industrial equipment markets.

Overview of the New Organization
MR sensor business affairs will be taken over by the Sensor Products Department 2, Sensor Products Division, Device Business Unit, Murata Manufacturing Co. Ltd. and Kanazawa Murata Manufacturing Co. Ltd. Yamanashi Plant.

Trade Name: Kanazawa Murata Manufacturing Co. Ltd. (Yamanashi Plant)

Address: 747, Magi, Otsuki-machi, Otsuki-shi, Yamanashi, 401-0016, Japan (c/o NEC Yamanashi, Ltd.)

Date of Business Commencement: June 3, 2013

Function: Development, design, and manufacture of MR sensors

Number of Employees: Approximately 30 (As of June 1, 2013)

About Murata Manufacturing
Murata Manufacturing Co. Ltd. is a worldwide leader in the design, manufacture, and sale of ceramic-based passive electronic components and solutions, communication modules, and power supply modules. Murata is committed to the development of advanced electronic materials and leading-edge, multi-functional, high-density modules. The company has employees and manufacturing facilities throughout the world.

About NEC
NEC Corp. is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross-utilize the company's experience and global resources, NEC's advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses, and society.

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