Credit: panasonic.com

Panasonic Industry Co., Ltd., a key company within the Panasonic Group, has unveiled an ambitious plan to expand its global production capacity for MEGTRON multi-layer circuit board materials. The company is set to double production within the next five years, backed by a significant investment of approximately USD 114 million in Thailand.

This expansion move highlights Panasonic Industry’s strategic vision to meet the rapidly growing demand in the AI server and ICT infrastructure markets, where MEGTRON materials have become an industry benchmark.

New Manufacturing Facility in Ayutthaya

To achieve this goal, Panasonic Industry will construct a brand-new manufacturing facility at its Ayutthaya Plant in Thailand. The site will be developed on the grounds of the existing Panasonic Manufacturing Ayutthaya Co., Ltd. property.

According to the company’s announcement, the new facility is scheduled to begin operations in November 2027, with mass production expected to commence by the end of fiscal year 2028.

The large-scale investment of USD 114 million underlines the company’s commitment to strengthening its production capabilities and ensuring a stable global supply of MEGTRON materials.

The surge of generative AI has accelerated the need for high-speed, high-capacity communication hardware. MEGTRON materials, known for their low transmission loss and reliable performance, are crucial for ensuring efficient signal transmission in servers, switches, and routers.

By expanding its MEGTRON production, Panasonic Industry is positioning itself to directly support the global rollout of AI technology, alongside the continuous evolution of ICT infrastructure.

A Five-Year Expansion Plan

                          MEGTRON Multi-layer Circuit Board Materials. (Photo by Panasonic)

The company has set a clear target which is doubling production capacity for MEGTRON within five years. This long-term plan will ensure that Panasonic Industry can keep pace with rising global demand, particularly from data-driven industries that rely heavily on fast and stable communication systems.

The expansion also reinforces Panasonic Industry’s position as a leading innovator in advanced electronic materials, capable of scaling production to meet the changing needs of global markets.

Beyond expansion, Panasonic Industry emphasized its continued commitment to innovation in electronic materials. The company reaffirmed that it will keep investing in the MEGTRON product line to support AI development while also helping to address broader social challenges through advanced technology solutions.

Panasonic Industry’s decision to invest USD 114 million in Thailand marks a pivotal moment in its growth strategy. With the new facility set to begin operations in 2027 and mass production by 2028, the company is gearing up to double its MEGTRON production capacity and strengthen its role in the global AI and ICT infrastructure markets.

This bold move not only secures Panasonic’s leadership in electronic materials but also ensures a reliable supply of advanced circuit board laminates essential for the future of digital technology.

Shahriena Shukri is a journalist covering business and economic news in Malaysia, providing insights on market trends, corporate developments, and financial policies. More about Shahriena Shukri.