The Japan Electronics and Information Technology Manufacturers Association (JEITA) said that global shipments of electronic components from Japanese factories have risen again, with shipments of capacitors exceeding 100 billion yen ($750 million) for 21 consecutive months.
Although demand from China continued to decline, due to rising demand from Europe and the United States, combined with the depreciation of the Japanese yen, global shipments of Japanese electronics factories in May 2022 increased by 7.8% compared to May last year and amounted to $2.59 billion. Monthly shipments of all electronic components from Japan for 21 months exceed $2.27 billion.
Deliveries of electronic components to Japan in May decreased by 0.3% to $487 million compared to May last year. Deliveries to the US to $306 million, deliveries to Europe increased by 16.2% to $282 million. Deliveries to the rest of Asia rose by 18.8% to $595 million.
The major Japanese electronic components factories include Kyocera, TDK, Nidec, Hitachi Metals, Nitto Denko, Alps Alpine, Murata Mfg, Taiyo Yuden.