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Panasonic cranks up Asian air conditioner output

Production begins in Thailand, with 40% capacity increase coming in Malaysia

BANGKOK -- Panasonic has started manufacturing air conditioners in Thailand and will build more in Malaysia, part of efforts to grow its appliance business in emerging Asia.

Production of mass-market models began last month at the company's heat exchanger plant at the Nava Nakorn Industrial Estate near Bangkok, the Japanese multinational said Wednesday. The new line can turn out 500,000 units annually, with 60% heading for Vietnam.

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