lithium battery pack Sanyo Electric Co Ltd the world's
lithium battery packTOKYO (Reuters) - Sanyo Electric Co Ltd the world's largest maker of rechargeable batteries, said it plans to build a new lithium-ion battery plant in western Japan by early to mid 2009, in its latest step to focus resources on core operations.
Sanyo did not disclose the size of the investment in the plant, which would mainly make PC batteries, but the Nikkei business daily reported the Osaka-based company would spend about 20 billion yen ($190 million).
Sanyo is also building in Japan another lithium-ion battery plant, slated for completion by early to mid 2009.
