China and Taiwan produce nearly 23% of lithium batteries worldwide, says Research and Markets
Press release, August 29; Eric Mah, DIGITIMES [Wednesday 29 August 2007] Greater China is one of the largest manufacturing centers for lithium batteries, with China accounting for 16.9% and Taiwan for 5.6% of worldwide production, according to market research firm Research and Markets (RM). Greater China makers produce primary (non-rechargeable) and secondary (rechargeable) lithium batteries, noted RM, adding that some of the lithium battery makers in the region produce lithium battery cells – the basic component of a battery or battery pack. These makers are large-scale companies that also supply battery cells to other lithium battery manufacturers, added the firm. Production of rechargeable lithium batteries in China is expected to rise by 11% from 950 million units in 2006 to 1 billion units in 2007, according to the China Industrial Association of Power Sources (CIAPS). Most manufacturers plan to increase their production by up to 50% in the next two years and those already running...