Sanyo may cease to exist under Panasonic reorganization: Nikkei
(Reuters) - Sanyo Electric Co may cease to exist under a reorganization by Panasonic Corp that includes global jobs cuts, Nikkei reported on Friday.Full story
Panasonic sees profit rising 55 percent in shift from consumer gadgets
TOKYO (Reuters) - Panasonic Corp forecast its operating profit will rise 55 percent in the year to March 31 as it steps back from struggling operations in TVs and other consumer gadgets in favor of selling machinery, components and electronic equipment to other businesses. Full story
Panasonic sold $1 bln in shares to underpin finances-sources
TOKYO (Reuters) - Panasonic Corp <6752.T> sold some $1 billion worth of stocks in companies such as Toyota Motor Corp <7203.T> as part of a plan to offload assets to bolster its finances, two sources with knowledge of the deals said. Full story
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A man walks past an advertisement board of Panasonic at an electronic shop in Tokyo February 1, 2013. Panasonic Corp rebounded to a quarterly profit and stuck with its full-year earnings forecast, as it moves its business away from loss-making TVs in favor of household appliances, batteries and othe
2013 Consumer Electronics Show Highlights Newest Technology
Actor/director Danny DeVito speaks at the Panasonic booth at CES on Jan. 9.
