Asia Express - Display
Panasonic to Boost 42-Inch Plasma Display Panel Production in China
August 20, 2010
Panasonic plans to boost the production of plasma display panels at its Shanghai plant by approximately five times by the fiscal year ending in March 2013, according to an August 20 report by the Yomiuri Shimbun of Japan. Panasonic's Shanghai plant is capable of producing 25,000 42-inch panels per month now, and Panasonic plans to expand the capacity to over 120,000 units per month. It is reported that Panasonic currently exports plasma display panels produced at a Japanese plant to China in order to meet the Chinese market demand. With the production expansion in China, the company is expected to save as much as 30% of its product costs, according to the same source.