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Go Xinwu

Top executives attest to district's favorable business environment

Updated: 2020-11-11

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Itadani Sadanori, member of the board and general manager of Wuxi Murata Electronics. [Photo provided to China Daily]

As one of the first batch of foreign companies settled in Wuxi, Murata Electronics initiated its 25-year journey in the city's Singapore Industrial Park in 1994. The company officially started production one year later. We manufacture electronic components, mainly multilayer ceramic capacitors. The Wuxi National Hi-Tech District has been giving us great support and assistance since the very beginning. It also provides good business and education environments, as well as excellent infrastructure, to help the company attract talent and develop smoothly. So far, we have more than 10,000 employees. This year's pandemic influences our company, but we managed to go through the difficult period with the help of the Wuxi government. Due to the expansion of production and the research on new products, we needed Japanese technicians to come to Wuxi during the outbreak of the virus. The Wuxi government took immediate action, arranged chartered flights and guaranteed our production. I'd like to take the chance to express our gratitude to the government. Thanks to the development of 5G, unmanned vehicles and some other markets, our company has further expanded production after we established a second factory in Wuxi.

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Chung Euntae, vice-president of SK hynix (China). [Photo provided to China Daily]

Founded in Wuxi, Jiangsu province, in 2005, SK hynix has become the largest foreign-funded single project in the province in terms of investment value, at the fastest development pace and with state-of-the-art technologies. It has become a successful example of South Korean high-tech companies' investment in Jiangsu and China. All these have proved that SK hynix's decision to set up a company in Wuxi's Xinwu district was wise ... the success of SK hynix in China not only relies on the company's efforts, but also on the continuous support and trust of the Wuxi government. It fully understands our culture and business philosophy, and offers great help in many areas, including land transfer and infrastructure construction. The government is nothing but the strong supporter and partner of SK hynix. In 2019, the leaders of the city and the district visited our company many times to give support when we were expanding the construction of the Wuxi factory. The project advanced much ahead of schedule with their support, especially in construction permits. Over the past 10 years, we have deeply integrated into the city. We not only pursue economic value, but also contribute to local society by holding various charity activities, including establishing schools and hospitals, to thank the people of Wuxi.

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