TOKYO (dpa): Panasonic Industry, a subsidiary of Japanese electronics giant Panasonic, said on Friday that it plans to invest around 17 billion yen (US$115 million) to build a new production facility in Thailand.
The new plant is intended to help meet growing artificial intelligence (AI) server demand and will be located on the grounds of the existing Panasonic Manufacturing Ayutthaya property. It's scheduled to commence operations in November 2027, with expected mass production by the end of fiscal 2028.
