Japanese electronics firms up capex

October 21, 2003 – Japan’s electronics industries are expected to ramp up capex by double digits in 2003, according to a survey from conducted by the Nihon Keizai Shimbun.

Manufacturers of flat-screen TVs and chips are expected to boost capex by 14.1% in 2003, a reversal of last year’s 17.8% decline. Other industries expecting boosts in capex include precision equipment (10.4%) and automotive (5%).


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