US $750 million plasma screen Hitachi 07 years to yield three times

According to foreign reports, in the face of an attractive flat-panel TV market prospects, Japanese flat-panel TV maker Hitachi announced in 2007 will be the day before the plasma screen production increased three times, reaching 300 thousand a 42 inch screen. This means that the original goals will be achieved two years ahead of schedule.

According to the Reuters and other media reports, Hitachi is trying to from the current plasma TV business losses and hard drive away. Hitachi has decided to inject $750 million plasma screen manufacturing business, in order to improve the yield, and grab more market share.

January 10th, the world's largest plasma TV maker Matsushita Electric announced that it would invest $1 billion 600 million to build the world's largest plasma TV factory. The plant will be put into production in July 2007 will be shipped 920 thousand plasma panels per month.

According to market research firm DisplaySearch statistics, the first 3 quarters of 2005, Hitachi in the plasma flat-panel TV market ranked fifth, while in the LCD TV market is in a backward state.

At the end of last year, Hitachi said it will strengthen overseas operations strategy to promote flat-panel TV business. Among them, Hitachi will be in Europe a new flat-panel TV assembly plant, the assembly plant to 2007 years production capacity about 120 thousand taiwan. At present, Hitachi in Japan, and the United States Chinese has a television assembly plant, plasma screens are used in Japan.