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Panasonic, Toray to build PDP facility in Japan

Posted: 12 Jan 2006 ?? ?Print Version ?Bookmark and Share

Keywords:plasma display panel? PDP? Panasonic? Matsushita? Toray?

Panasonic, the brand for which Matsushita Electric Ind. Co. Ltd is best known, and diversified chemical group Toray Industries Inc. announced plans to build a new plasma display panel (PDP) manufacturing facility in Japan. The facility will be the fourth plant of their PDP joint ventureMatsushita PDP Co. Ltd (MPDP).

With an investment of approximately $1.57 billion, the PDP plant will be situated next to MPDP's third PDP plant in Amagasaki, Japan The new plant will have a production capacity of 6 million panels per year (calculated on the basis of 42-inch screen-size panels).

MPDP will start construction of the new plant in May 2006, with production scheduled to commence in July 2007. When it reaches its full capacity by March 2009, Panasonic's total PDP output will reach 11.1 million panels per year.

"The new plant will employ state-of-the-art process technologies and production systems that are more advanced than those of the third plant in Amagasaki, which began production in September 2005," said MPDP President Ken Morita. "The new systems and technologies will bring greater mass production efficiencies to the whole process while ensuring higher quality. Our new process technology allows a single substrate to yield up to eight 42-inch panels, the highest number in the world."

Morita added that Panasonic anticipates global PDP market to expand to 25 million panels by 2010. "With its annual output capacity of over 11 million panels, we aim to be the world's top manufacturer of PDPs by enhancing our global share to over 40 percent," said Morita.




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