Group8_Sony - Sony said that the new investment along with plans to expand lithium ion battery operations in Singapore and China should increase

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Sony: To Spend Y40B To Boost Lithium Ion Battery Output 150 words 4 August 2008 02:22 Dow Jones International News DJI English TOKYO (Dow Jones)--Sony Corp. (6578.TO) said Monday it will invest close to $400 million to boost production in Japan of lithium ion batteries used in small consumer electronic goods. In a statement, Sony, home of the PlayStation video game and Walkman musical players, said that the Y40 billion investment is part of drive to nearly double monthly output of the cells within two years. The batteres are used in devices such as mobile phones, laptop computers and digital cameras.
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Unformatted text preview: Sony said that the new investment, along with plans to expand lithium ion battery operations in Singapore and China, should increase its monthly output capacity from the current 41 million cells per month to 74 million per month in 2010.-By Kenneth Maxwell, Dow Jones Newswires; 81-3-5525 2989; [email protected] [ 04-08-08 0640GMT ] Document DJI0000020080804e4840008u © 2010 Factiva, Inc. All rights reserved. Factiva .. 1 of 1 3/14/10 5:13 PM...
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This note was uploaded on 01/11/2012 for the course EIN 4354 taught by Professor Tufecki during the Fall '08 term at University of Florida.

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