Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Matsushita, Toray to Build World's Biggest PDP Plant
May 17, 2004
 Printable format
 Email this Article
 Search

Japanese firms Matsushita Electric Industrial Co. and Toray Industries Inc. will invest a combined 90 billion yen (approx. U.S. $785.9 million) to build the world's biggest plasma display panel (PDP) factory, a newspaper said.

Japanese and South Korean electronics makers have been jostling to boost plasma display production and secure a larger share of the flat-panel television market, which analysts expect to grow rapidly over the next several years.

The Nihon Keizai Shimbun business daily newspaper said Matsushita Plasma Display Panel (PDP) Co, owned 75 percent by electronics maker Matsushita and 25 percent by synthetic fiber giant Toray, will begin construction of the plant this summer and start production in the second half of 2005.

The plant will be located in Amagasaki, Hyogo Prefecture, in western Japan. Production will start at 100,000 panels per month in 2005 and expand to 250,000 panels in 2007, quadrupling the company's total monthly output to 380,000 panels, the newspaper said. The plant's annual capacity in 2007 of 3 million panels would make it the world's largest, it added.

No one at Matsushita was immediately available for comment, but a spokesman at Toray said the two companies have been planning to raise production of PDPs, given that sales of flat-panel televisions continue to soar.

"We are at the point where we are planning to boost production, but the two companies have not made an official decision so I cannot comment at this time on the contents of this newspaper report," said Ichiro Maeda, Toray spokesman.

The Nihon Keizai Shimbun said the 90-billion yen investment would be split according to each company's stake in Matsushita PDP. (Reuters)

Back to Daily News

 

Daily News

...........................................................

Jul 31, 2014: LG Home Appliance, LG Air Conditioning See Lower Quarterly Sales

Jul 31, 2014: AHAM Canada New Chair is Doell of Samsung Electronics Canada

Jul 29, 2014: Jarden Reports Record Net Sales in 2Q

Jul 29, 2014: LG USA Names VanderWaal to Head Marketing

Jul 29, 2014: Smart Meters May Provide An Entrance Point for Cyber Attacks on the Connected Home

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows