Sanyo Electric Co. said on Tuesday it will invest 45 billion yen (U.S. $380.4 million) in the production of charge-coupled devices (CCD) over the next 3 years, starting in fiscal 2003.
The company's move is said to reflect the growing demand for CCDs, or sensors used in such digital devices as camera-equipped mobile phones to pick up images.
Of the total, Sanyo said, 10 billion yen ($84.5 million) will be invested in 2003. The company said the investment is designed to boost its monthly CCD production capacity by five times to 5 million units in spring 2004.
Sanyo hopes for 100 billion yen in CCD sales for the 2005 business year.
The company also said it plans to start sample shipments of blue-violet semiconductor laser parts in May to start mass production this fall. The laser will be used in next-generation optical discs for writing and retrieving data.
Sanyo Electric will invest 10 billion yen in advanced optical parts, including new laser parts, by 2005, aiming to achieve 15 billion yen in sales from those products in 2006, it said. (The Japan Times)
to Daily News