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02 Aug
05:00

Panasonic may produce EV batteries in idled LCD factory

Japanese electronics firm Panasonic announced its plan to liquidate its liquid crystal display (LCD) subsidiary to focus on the automotive battery sector, Kallanish reports. Production of LCD panels for televisions and monitors started at the Himeji plant, in Hyogo, Japan, in 2010. Then, due to the tough price competition, the company shifted its focus to the automotive and industrial sectors. However, due to deteriorating market conditions caused mainly by the U…
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