ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

TDK to double investment in lithium-ion operations

TOKYO -- TDK plans to spend over 100 billion yen ($841 million) between fiscal 2015 and fiscal 2017 to ramp up production of lithium-ion batteries, company sources said on Saturday.

TDK's factory in Thailand

     The Japanese company invested less than 50 billion yen in its Li-ion battery business during the previous three-year period, through fiscal 2014, which ended last March.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more