Now in its 64th year, Tokyo-based TAIYO YUDEN CO., LTD. is a worldwide manufacturer of surface-mount and leaded passive components, CCFT inverters, and recordable digital media. With approximately 50% of the worldwide market in high-frequency multilayer chip inductors used in cell phones, the company reports annual sales of nearly US$2.06B. Worldwide, TAIYO YUDEN employs more than twenty thousand people. The company's North American affiliate, TAIYO YUDEN (U.S.A.), INC., operates sales and engineering offices in Chicago, IL, Raleigh, NC, Irving, TX, and in California at San Jose and San Diego.