Oct 23, 2001, 12:01 AM
News Code: 9032738
0 Persons
2006 by China in 33m.819 dlrs invest to Hitachi Japan's to plans it said has Ltd Hitachi -- Pulse-IRNA Asia 23, Oct Beijing, China its in (million 33.819 dlrs) yen billion 100 than more invest President company years, five next the over capacity production .Monday here said Shoyama Etsuhiko of those including China, in sales quadruple to aim will Hitachi fiscal last from televisions, high-definition and phones cellular .2005 fiscal in billion 5.4 dlrs to level year's years five next the over invested be will that yen billion 100 The account will it that so China in production its boost to expected is the from up production, global overall its of percent 7 around for .percent 5.2 current third-generation on focus will Hitachi operations, Chinese its For chips semiconductor equipment; information other and communications such appliances consumer and devices; electronic and phones cell for .televisions projection and conditioners air as 20 about at stands now China in investment cumulative Hitachi's that times five invest to planning is company the but yen, billion .ones existing expand and plants new build to amount 520 dlrs current the from levels production increase will This .billion four dlrs to million will Hitachi competitiveness, cost its boost to order In companies Chinese from parts of procurement its increase significantly .consignment on production as well as dlrs at stood 2000 fiscal in companies Chinese from Procurement billion 7.3 dlrs to rise to expected is figure this but million, 580 .2005 fiscal in so plunging, is devices electronic and semiconductors for Demand" on centering businesses new for demand develop to plans Hitachi .said Shoyama "services, solution SS/AH End