Reuters reported on the 3rd that Panasonic has a 248-square-meter factory in the suburbs of Singapore. The park uses LED light to grow fruits and vegetables. It currently produces 10 crops, including mini carrots and spinach seedlings, with an annual output of 3.6 tons. The company plans to increase the number of planted crops to more than 30 species in March 2017, accounting for 5% of the local vegetable production. Hideki Baba, managing director of Panasonic Factory Solutions in the Asia-Pacific region, said that global arable land is insufficient, climate change is fierce, food quality requirements are increasing, and countries are striving for stable food supply, which is expected to make agriculture a future growth product.
According to the Agri-Food and Veterinary Authority, the country produced nearly 22,000 tons of vegetables in 2013, and as many as 514,574 tons of vegetables were imported. Xingguo hopes to produce more crops on its own and improve food security. It has already funded the local vertical farming company Sky Greens. The company has planted leafy vegetables and fruits in a three-story greenhouse. There are currently 600 vertical greenhouses and plans to expand to 2,000 next year. Tian Xian produces 1 ton of vegetables a day to supply to the local FairPrice supermarket.
Lee Sing Kong, a professor of biological sciences at Nanyang Technological University in Singapore, stressed that some crops must be produced on their own, in case the supply is interrupted, the impact can be mitigated. However, the price of local crops in the country is still high, and some of the vegetables produced in Tianshuang are twice as expensive as those imported from China.
Japanese technology giants have entered the trend of agriculture. The Japan Times and The Wall Street Journal reported on the 5th that Fujitsu has modified the shutdown plant to grow vegetables. In September last year, Sharp began to work in Dubai Labs. Strawberries, not only use the company's air purification technology to kill mold, but also use the power-saving Sharp LED lights. In addition, camera manufacturer Olympus and steelmaker JFE Holdings have joined the ranks of vegetable growing. The Yano Research Institute estimates that the value of plant-growing vegetables will increase six-fold, from 23.4 billion yen in 2013 to 150 billion yen in 2025.
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