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Panasonic to pull plug on LCD panels by 2021

Japanese plant will shift to car batteries, driven out by foreign rivals

Panasonic's Himeji plant will be repurposed to make automotive batteries. (Photo courtesy of the company)

OSAKA -- Panasonic will stop producing LCD monitors for medical equipment by 2021, bringing an end to the display business for a company that once ranked among the world's top television makers.

A factory in Hyogo Prefecture west of Osaka that churns out liquid crystal displays will be repurposed to produce automotive batteries, the Japanese company said Thursday. The plant, in the city of Himeji, will keep virtually all of its roughly 500 workers.

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