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SANYO Electric closes Masan semiconductor plant
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SANYO
Electric Co., Ltd. has decided to close its semiconductor plant in
Masan, South Korea. The liquidation of Korea Tokyo Silicon Co., Ltd., a
SANYO consolidated subsidiary, follows a 6.3% fall in the company’s
share value recently; however, according to a notification on the
company’s website, “the decision to dissolve the business is based on
the realignment of the manufacturing assembly bases in the
semiconductor business.”