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Japan's Maxell to Terminate Lithium-Ion Battery Production

Japan's Maxell to Terminate Lithium-Ion Battery Production

   Tokyo, March 24 (Jiji Press)--Japanese electronic parts and materials maker Maxell Ltd. said Monday that it will terminate its production of prismatic lithium-ion batteries as early as May.
   Maxell will dissolve Chinese subsidiary Wuxi Maxell Energy Co., which makes the product, to focus the group's business resources for secondary batteries on all-solid-state batteries.

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AFP-JIJI PRESS NEWS JOURNAL


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