At the China International Import Expo held in Shanghai, Japanese companies are seeking opportunities amid the growth of AI. Panasonic presented a plan to double production capacity by 2030, while Fast Retailing, which operates Uniqlo, also exhibited to strengthen its promotion in the Chinese market.
Japanese companies are participating in the China International Import Expo in Shanghai and marketing products in growth fields including AI. More than 4,100 overseas companies are exhibiting, and the strong activity in the Chinese market was highlighted at the venue.
Panasonic's electronic components for AI servers are said to be performing well and are believed to have become its largest source of revenue in the China and Northeast Asia region, surpassing home appliances. An executive officer referred to infrastructure investment, including data centers, and presented a plan to double production capacity by 2030.
Uniqlo, operated by Fast Retailing, was also exhibiting and strengthening its appeal to Chinese consumers.
The view was expressed that China's AI growth could expand business opportunities for Japanese companies, and future developments are attracting attention.