Sony Announces Lithium Ion Polymer Battery Production in Singapore; Highly Automated Plant Incorporating Most Advanced Technologies to be Established.Singapore and Tokyo, Japan, Aug 14, 2007 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Sony Corporation (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 6758; NYSE NYSE See: New York Stock Exchange : SNE SNe Supernovae (astronomy) SNE Sony Corporation (stock symbol) SNE Syndicat National de l'edition (French Publisher's Association) SNE Society for Nutrition Education ) today announced plans to establish a lithium ion polymer See lithium polymer. battery plant in Singapore, Sony's first in South East Asia East Asia A region of Asia coextensive with the Far East. East Asian adj. & n. region. As an expansion of Sony's lithium ion A rechargeable battery technology introduced in 1991 that provides greater charge per pound than nickel metal hydride. In 1993, Toshiba introduced the first notebook in the U.S. with a Li-ion battery. battery manufacturing capabilities, the company will establish Singapore's first and only lithium ion polymer manufacturing plant, marking a major milestone for the local electronics industry. The plant is scheduled to start operations in August 2008. The lithium ion polymer battery plant in Singapore will be highly automated, utilizing cutting-edge equipment and technologies such as the latest Computer Integrated Manufacturing (application) Computer Integrated Manufacturing - (CIM) http://dmtf.org/. (CIM (1) (Computer-Integrated Manufacturing) Integrating office/accounting functions with automated factory systems. Point of sale, billing, machine tool scheduling and supply ordering are part of CIM. ) applications. Local engineers will be sent to Japan for training to gain the technological knowledge and skills needed to run this highly advanced operation. To be housed on Sony's existing facility in Tuas, the plant will have a built-up area built-up area n → bebautes Gebiet nt built-up area n → abitato of about 12,200 square metres. When the plant is fully operational in 2010, it will employ about 500 employees, with a monthly capacity of 8 million units of lithium ion polymer batteries. These batteries, which will be used in cellular phones, will be shipped to Sony customers worldwide. Sony will be investing S$150 million in its lithium ion polymer battery operations in Singapore. "Sony has decided to place its latest investment in lithium-ion battery Lithium-ion batteries (sometimes abbreviated Li-ion batteries) are a type of rechargeable battery commonly used in consumer electronics. They are currently one of the most popular types of battery for portable electronics, with one of the best energy-to-weight ratios, no production in Singapore, to continue to leverage on the country's skilled engineering resources, excellent infrastructure, as well as its ideal location for shipment of products worldwide. We are also pleased to further enhance our partnership with the Singapore government which has given us tremendous support since we started manufacturing operations here in 1987. With this investment, we hope to continue to contribute positively to the development of Singapore's electronics industry via value-add manufacturing, technology transfer and the development of local engineers," said Mr Yutaka Nakagawa, Executive Deputy President, Officer in charge of Semiconductor & Component Group, Sony Corporation. Mr Manohar Khiatani, Assistant Managing Director, Industry Development, Singapore Economic Development Board: "Sony is a global leader in battery technologies and developed the first commercial lithium ion battery in 1991. We are honoured that Sony has chosen Singapore for its first such plant in South East Asia. This is a clear demonstration of Sony's confidence in our overall competitiveness to host complex manufacturing projects." With global demand for mobile products increasing, coupled with the higher performance and enhanced features of products such as cellular phones, digital cameras, camcorders, handheld game machines and portable audio players, demand for high capacity batteries has also risen sharply. The worldwide market size for lithium ion batteries (including lithium ion polymer batteries) is experiencing double-digit growth and is targeted to reach 2.4 billion cells* in 2007, of which more than 50% would being used in cellular phones. With Sony's latest investment in Singapore to manufacture lithium ion polymer batteries for cellular phones, the company will further expand its lithium ion battery business and be well positioned to meet the global market demand. About Sony Sony Corporation is a leading manufacturer of audio, video, game, communications, key device and information technology products for the consumer and professional markets. With its music, pictures, computer entertainment and on-line businesses, Sony is uniquely positioned to be the leading personal broadband entertainment company in the world. Sony recorded consolidated annual sales of approximately $67 billion for the fiscal year ended March 31, 2005. Sony Global Web Site: http://www.sony.net Source: Sony Contact: Sony Corporation Corporate Communications Tel: +81-3-5448-2200 Fax: +81-3-5448-3061 Japan Corporate News Network. All rights reserved. |
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