May 15, 2007
Press Release
FOR IMMEDIATE RELEASE
Panasonic Holds An Official Opening Ceremony Of its Semiconductor Factory in Suzhou, China
(33KB) Osaka, Japan - Matsushita Electric Industrial Co., Ltd., best known for its Panasonic brand of consumer electronics and digital communications products, held today an official opening ceremony of a new factory of Panasonic Semiconductor (Suzhou) Co., Ltd. (PSCSZ), its semiconductor manufacturing subsidiary in Jiangsu, China with local government officials attending.
PSCSZ was established in December 2001 in response to the increasing demand for discrete semiconductor devices in China as a result of the rapid growth in the production of electronic devices including cellular phones, DVD players, and audio equipment. Since its inception, the company has successfully expanded its business operations. In July 2005, the construction of a new factory started in order to meet further increasing demand. Since the full-scale mass production became ready with on-line adjustment and advanced production system in place, the company decided to held an official opening ceremony.
PSCSZ plans to continually increase its production of discrete semiconductor devices aiming for a further expansion of business scale. The company is not only supplying products principally to China's domestic market, but also planning to grow into a global supply base for discrete semiconductor devices in the future.
Outline of new factory
| Company name: | Panasonic Semiconductor (Suzhou) Co., Ltd. (PSCSZ) |
| Representative: | Masahiko Miyano |
| Location: | Suzhou New District, Jiangsu Province, China |
| Business: | Production and sales of discrete semiconductor devices |
| Employees: | Approximately 2,100 |
For contact
Planning Group, Semiconductor Company,
Matsushita Electric Industrial Co., Ltd.
E-mail: semiconpress@ml.jp.panasonic.com
About Panasonic
Best known for its Panasonic brand name, Matsushita Electric Industrial Co., Ltd. is a worldwide leader in the development and manufacture of electronic products for a wide range of consumer, business, and industrial needs. Based in Osaka, Japan, the Company recorded consolidated net sales of US$77.19 billion for the year ended March 31, 2007. The Company's shares are listed on the Tokyo, Osaka, Nagoya and New York (NYSE:MC) stock exchanges. For more information on the Company and the Panasonic brand, visit the Company's website at http://panasonic.net/.
The content in this website is accurate at the time of publication but may be subject to change without notice.
Please note therefore that these documents may not always contain the most up-to-date information.
Please note that German, French and Chinese versions are machine translations, so the quality and accuracy may vary.
