Japan's Yaskawa to build domestic plant to reduce China dependence

Electronics maker set to invest $415m on producing more inverters at home

20221006 Yasukawa

Yaskawa Electric's investment will help the company produce domestically more of its inverters that are used in air conditioners and elevators. (Photo by Kenichi Yamada)

KENICHI YAMADA, Nikkei staff writer

KITAKYUSHU, Japan -- Japanese electronics maker Yaskawa Electric will invest up to 60 billion yen ($415 million) to build a new factory in Japan in 2027 as a base for its core home-appliance component to reduce dependence on China, Nikkei has learned.

The investment is expected to range from 50 billion yen to 60 billion yen. The new factory will be built in the city of Yukuhashi in Fukuoka prefecture. The component will be used in inverters for air conditioners and elevators.

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