1. Matsushita Electric Industrial Co., the world's largest consumer electronics maker, plans to raise its lithium-ion battery output by 48 percent to meet demand for the product used in mobile phones and notebook computers.
2. It will spend 4.5 billion yen ($40 million) to build a new factory at the site of its existing Wakayama facility
The Nikkei newspaper speculates that it will spend 10 billion yen on the expansion.
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