Sony To Invest In Expansion Of Lithium Ion Battery ProductionAugust 04, 2008 by Jeff Shepard
Sony Corp. announced that it will invest approximately 40 billion yen towards strengthening its lithium ion battery production operations. This is the first phase of investment in lithium ion batteries Sony is undertaking as part of efforts to reinforce core areas of its component and semiconductor business over the next three years.
This investment will be used to construct new production facilities as well as enhance existing lines at Motomiya Technology Center and Tochigi Technology Center of Sony Energy Device Corp., Sony’s lithium ion battery production sites in Japan. With Sony also expanding lithium ion battery production in Singapore and China, its monthly production capacity will increase from the current level of 41 million cells per month to 74 million cells in 2010.