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5G networks

Panasonic to ramp up Chinese output of 5G circuit board material

China accounts for 40% of next-generation base station investment

Panasonic's material makes circuit boards compatible with 5G signals.   © Reuters

OSAKA -- Panasonic will boost production of materials used to make equipment compatible with 5G wireless technology in China, where demand is expected to grow sharply.

The Japanese company will spend about 8 billion yen ($75 million) to expand its plant in Guangzhou starting this month, with the new lines slated to go online in autumn of next year. This is seen lifting production capacity by about 50%.

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