TDK Corporation and Nippon Chemical Industrial announced the establishment of a joint venture to develop materials and manufacturing processes for electronic components.

The partnership will focus on advanced materials such as ceramics used in multilayer ceramic capacitors (MLCCs), combining the companies’ technological expertise to accelerate research and development.

The joint venture aims to shorten the time from prototyping to commercialization and improve responsiveness to customer needs by integrating development and evaluation capabilities.

The move follows a basic agreement signed in November 2025 and represents a strategic effort to strengthen innovation in key electronic component materials.