Sony to boost output of lithium ion batteries

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Sony Corp said Monday it will invest 40 billion yen to boost production of lithium-ion batteries amid growing demand for their use in mobile phones, cameras and other products.

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The company aims to boost its monthly production capacity of lithium-ion batteries to 74 million units in 2010 from the current level of 41 million, investing in existing lines in Japan as well as in Singapore and China.

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Lithium-ion batteries are used for a wide range of electronic appliances such as mobile phones, laptop computers, digital cameras and game consoles.

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Other electronic manufacturers are also stepping up their focus on the same type of rechargeable batteries, while automakers see them as a potential way to boost the efficiency of electric and hybrid vehicles.

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