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Matsushita Electric Industrial Co


Matsushita to triple capacity with new lithium ion battery plant

The Matsushita Electric Industrial Co., better known to us in the west under the Panasonic brand, has "informally decided" to spend about $951 million (100 billion yen) constructing what would be one of the world's biggest li-ion battery factories. This would triple the company's current capacity with its three existing plants, place it ahead of Sony and very close to the worlds number one, Sanyo. The three companies together currently control about 70 percent of the consumer electronics li-ion market. The additional 50 million units a month ... Read more →

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