Abrmicro Electronics is an authorized distributor of Taiyo Yuden. Taiyo Yuden Co., Ltd. was founded in 1950 and entered the MLCC market in 1999. The company developed the well-known "That's" series of CD-Rs and now primarily produces ceramic capacitors, ceramic resistors, CD-Rs, DVDs, and other related products. In 2015, Taiyo Yuden held a 12.5% share of the global MLCC market, ranking third worldwide. The company also captures about 50% of the global market for high-frequency multilayer chip inductors used in cell phones, with annual sales nearing US$2.06 billion. Taiyo Yuden employs more than 20,000 people globally.