Jan. 24, 2008 – Panasonic (nee Matsushita Electric Industrial Co.) says it will build a second building at the site of Panasonic Semiconductor (Suzhou) Co. Ltd., which was established six years ago to produce discrete semiconductor devices for domestic use in consumer electronics.
The new factory, built on the same factory site (~230,000 sq. m) of the first building, will utilize more advanced production methods “that suit the Chinese environment” to produce semiconductor products including ICs as well as general-purpose discrete devices (LEDs) and camera modules for cell phones, the company said in a statement.
Initial investment is set at ~¥10B (US ~$94.2M), with production slated to start in October, ramping to annual output of 4.4B chips (semiconductors) and 13.4B camera modules.