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Panasonic holds ceremony for new China factory

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Panasonic announced that the company will build a new factory (second building) to facilitate the business expansion of Panasonic Semiconductor (Suzhou), The company held a ceremony at the site that was attended by government officials from the City of Suzhou.

Panasonic Semiconductor (Suzhou)(PSCSZ), established in December 2001 in Suzhou, in the People's Republic of China started operation as a production site for discrete semiconductor devices in response to the rapid increase in demand in China for digital consumer electronics such as mobile phones, DVDs, TVs, etc. and has continued its operations since then.

The new factory construction at PSCSZ is based on the company's future growth strategy that mandates expanding its assembly production structure on a global scale in response to the rising demand from customers for key devices as well as to increase the speed of business deployment and to achieve a more competitive manufacturing capability.

The new factory is being built on the same factory site (230,000 square meters) where the existing first building of PSCSZ is located. This new factory will utilize more advanced production methods that suit the Chinese environment and adopt a new management method that fully integrates an IT system. The factory will produce semiconductor products including integrated circuits in addition to general purpose discrete devices and camera modules for mobile phones.

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