James Delahunty
26 Mar 2007 13:18
Hitachi has announced it plans to spend ¥3 billion on a plasma production plant in Malaysia. The plant will produce units to meet demand in Australia and Southeast Asia. Hitachi spokesman Masayuki Takeuchi said that the company will produce 42-inch displays in the country and will eventually expand to 50-inch displays.
Global sales of plasma and liquid-crystal display televisions will gain 8 percent this year to $92 billion, industry researcher DisplaySearch said. Hitachi follows rivals such as Panasonic, Toshiba and Sony in expanding its TV production overseas to meet demand for flat-panel screens.
Hitachi hopes to use the facilities of its optical devices subsidiary in the country to produce 10,000 units per month starting April. In October, the company also said it will spend ¥8 billion building a flat-panel TV factory in the Czech Republic. The plant is set to begin production this summer and is expected to achieve a monthly output of 80,000 units.
Source:
About Electronics