OSAKA —
Panasonic Corp will boost its plasma TV panel production capacity at its factory in Shanghai, China by about five times in fiscal 2012 to meet the voracious demands of Chinese consumers for TVs. Company sources said the Shanghai plant’s output capacity will be raised to the equivalent of 120,000 42-inch panels a month by March 2013 from 25,000 at present.
Strengthening local production will reduce transportation costs and currency exchange risks because the electronics maker exports products from Japan when its Shanghai plant, which began output in 2002, falls short of supply. The Shanghai plant is one of the two plasma panel production bases for Panasonic. The other plant is located in Amagasaki, Hyogo Prefecture.
We can observe from the news that Japan is a leader of technology world. Many new technologies are created at Japan such as televisions. The information of the news told us that televisions are the extremely popular media. Nowadays, people all over the world has at least one television per house, so I think Shanghai has a good idea to cooperate with a big company like Panasonic. I feel impressed with Japan too because they try to cooperate with China which is a big country. In the future, Japan may be a lead country together with China.
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