Japan Chemical Trading Blog
Domestic Production of LiB Decrease by 10% in Japan
According to the Yearbook of Machinery Statistics published by the Ministry of Economy , Trade and Industry of Japan, the domestic production of LiB for fiscal year 2013 decreased by 10% from the previous year to approximately 800 million units.
LiB market has been expanding rapidly with growing markets for smartphones and electric vehicles and it is significantly noticeable that Japanese manufactures are struggling with decreasing market shares.
It is speculated that Chinese and Korean manufacturers are increasing their market shares.
In our opiniion, it would be necessary to simultaneously implement 2 strategies: further the improvement of functions of LiB for larger device application which have technical advantages, and production of general purpose LiB for compact device application at lower costs.