Murata licensed CAP-XX’s patents in 2008 and began production of supercapacitors in Japan in 2013, and has since significantly built its supercapacitor business.
After a strategic review in 2018, Murata decided to focus on multilayer ceramic capacitors and lithium batteries, and to exit some of its non-core business lines including supercapacitors. As a result, the two companies reached agreement for CAP-XX to acquire Murata’s high-quality production lines.
The companies have been working together for over 12 months to ensure the successful relocation of these production lines, and for CAP-XX to be able to produce supercapacitors that are identical to what Murata makes today, guaranteeing customers a continuity of supply.
Murata has said that the company is building enough inventory to satisfy the needs of customers during the interim after ceasing production in Q1 2020 until CAP-XX recommences shipments using the production lines in Q3 2020.
