Hard disk project in Asia

Hard disk project in Asia

TOKYO (AFP): Japan's largest chemical company, Mitsubishi
Kasei Corp., plans to start producing a computer hard disk over
the next few years in Asia to meet growing demand, a company
official said yesterday.

The official did not specify details of the project but said
that Singapore, Indonesia and Malaysia were countries in which
Mitsubishi Kasei might build a plant.

The official said the project was aimed at avoiding possible
exchange losses and cutting production costs.

The company, which belongs to the Mitsubishi group, currently
produces about 1.1 million hard disks per month at its two
domestic plants.