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| Japanese Electronics Manufacturers Boost Production for Government's 'Eco-point' Shopping Incentive Program |
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Tokyo, Aug 19, 2009 (JCN) - Japanese electronics manufacturers and chip makers are stepping up efforts to boost production of semiconductor chips and liquid crystal display panels to meet burgeoning demand partly due to the government's "eco-point" shopping incentive program.
The consumer electronics appliance manufacturers include Sharp, Toshiba, NEC Electronics, Renesas Technology and Fujitsu. Semiconductor and LCD panel output has returned to levels before the global financial turbulence as progress has been made on inventory adjustments amid a pickup in demand.
Eco-points are awarded for the purchase of highly energy-efficient products. The points can be exchanged for merchandise vouchers or electronic money cards with one point basically equivalent to 1 yen (US$0.10).
Sharp boosted LCD panel production capacity at its No. 2 Kameyama factory in Mie Prefecture by 10 percent, starting in August, and that the workers there had given up their summer holidays. The panels are used in Sharp's Aquos televisions and supplied to other manufacturers.
Copyright © 2010 JCN. All rights reserved. A division of Japan Corporate News Network KK.
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