December 23, 2003 – Matsushita Electric Industrial Co. says it will spend up to 130 billion yen ($1.21 billion) to build a new production facility in Uozo, according to the Nihon Keizai Shimbun. The new site will reportedly use 90nm- and 65nm-processes and have a capacity of roughly 10,000 300mm wafers/month, with mass production scheduled for 3Q05.