Lithium Polymer Battery Cell Capacity Will Surge by 30% in 2012

EnergyTrend reported that lithium polymer battery capacity will surged by 30 percent in 2012.

As quoted in the market news:

Looking back at 2011, the total production of cylindrical battery cells amounted to 1.5 billion units. However, due to the capacity reduction in 4Q11, EnergyTrend estimated the production to decrease to 1.3 billion units in 2012; the downsizing has successfully stabilized the cylindrical lithium battery cells’ prices.

Click here to read the full EnergyTrend report.