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NEWS UPDATES 26 August 2010

Panasonic names Indonesia battery, LED hub

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On the 50th anniversary of cooperation between Japanese electronics manufacturer Panasonic Corporation and the Gobel corporate family, PT Panasonic Gobel Indonesia (PGI) said it would contribute more to the Indonesian economy.

PGI chairman Rahmat Gobel said Wednesday that Panasonic Corporation chairman Fumio Othsubo had met with President Susilo Bambang Yudhoyono to discuss how Indonesia should develop its industry.

The company said it had cut carbon dioxide production by 30 percent in some areas in 2009, when compared to 2006 levels.

Rahmat said Panasonic had made Indonesia its global production base for several products, including batteries and light emitting diode lamps.

“The latest relocation was a lithium coin battery factory from Japan to Indonesia, which we hope can start operation in November,” he said, adding that the

new factory in Cibitung, West Java, will produce more than 350 million batteries a year and employ more than 400 people.

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