Panasonic to shift some global module production to Malaysia

Japanese electronics giant Panasonic plans to move some of its global solar module production from less efficient plants in Hungary - where 400 jobs will go - and Mexico, to its integrated solar plant in Malaysia.

The company is under increasing pressure to cut costs by concentrating its production in Malaysia, where integrated production of wafers, cells, and modules means costs are lower.

The plant, at the Kulim Hi-Tech Park in the state of Kedah, will begin operating in December.

"Panasonic will reduce production of solar modules at Sanyo Hungary from October,” Panasonic spokesperson Viktoriya Chamata tells Recharge.

β€œThe company will redesign the global production system utilising Panasonic Energy Malaysia as a core factory to further strengthen cost competitiveness of solar modules,” she adds.

Production in Hungary, which produced 315MW last Log in to read complete article.

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