Sony invests in rechargeable lithium batteries

Sony plans to pour $371 million into increasing output of the rechargeable lithium batteries that power many of its electronic devices. The Japanese company's goal is to increase the number of batteries produced in the next two years from 41 million cells a month to 74 million cells a month. Rivals Matsushita Electric Industrial Co. and Sanyo Electric Co. have also announced plans to increase battery output.

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