Date: 25th Aug 2010
Panasonic to move a part of its PDP Production
unit to Shanghai, China
Panasonics said it will move a part of plasma display panel
production facilities at its third domestic PDP plant in
Amagasaki City, near Osaka, to Panasonic Plasma Display
(Shanghai) Co., Ltd. (PPDS) in Shanghai, China, in responce
to the demand for flat-panel TVs in China.
PPDS is a joint venture between Panasonic (then called
Matsushita Electric Industrial Co., Ltd) and Shanghai City
established in January 2001. Panasonic says that the company
is producing the equivalent of 25,000 42-inch plasma display
panels per month at its plant in Pudong New Area. To accommodate
the additional production facility and maximize production
efficiencies, PPDS plans to relocate to the nearby Pudong
Jinqiao Development Zone. The new production facility plans
to commence production with a monthly capacity equivalent
to approximately 120,000 42-inch panels in April 2012.
Panasonic says the flat-panel TV market is expected to
continue growing globally, exceeding 240 million sets in
2012. China's flat-panel TV market is likely to surpass
50 million units by that time. The demand for plasma TVs
with large-screen and high picture quality is also expected
to grow in China driven by digital TV broadcasting and increased
consumer interest in Full HD 3D plasma TVs.
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