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Sony, Panasonic, Japan Display say to set up OLED displays JV

Last Updated: Thursday, July 31, 2014, 12:24

Sony Corp, Panasonic Corp and Japan Display Inc said on Thursday they would form a joint venture to develop organic light-emitting diode (OLED) displays, with the government-backed Innovation Network Corp of Japan (INCJ) taking a majority stake.

Sony issues battery-fire warning over 26,000 Vaio laptops

Last Updated: Friday, April 11, 2014, 14:10

Sony on Friday warned customers to stop using its new Vaio Fit 11A laptops due to an overheating battery problem that poses a fire risk and said it may issue a recall.

Panasonic, suppliers may invest $1 billion in Tesla's US battery plant: Nikkei

Last Updated: Wednesday, February 26, 2014, 08:48

Tesla shares also hit an all-time high on Tuesday after one brokerage firm set a new target price that suggested shares would rise almost 50 percent from Monday`s closing price.

Sony, Panasonic say to end joint OLED TV development

Last Updated: Wednesday, December 25, 2013, 15:20

Sony Corp and Panasonic Corp , Japan`s two largest consumer electronics companies, said on Wednesday that they will end joint development of organic light emitting diode (OLED) television screens, a thinner and brighter type of next-generation display in which Korean rivals have a head-start.

Fitch cuts Sony, Panasonic debt ratings to 'junk' status

Last Updated: Friday, November 23, 2012, 10:49

Ratings agency Fitch has downgraded the debt ratings of Sony Corp and Panasonic Corp to "junk" status citing weakness in their consumer electronics and TV operations, a news wire reported.

Panasonic headed for record $10 billion annual loss

Last Updated: Friday, February 03, 2012, 13:49

Japan's Panasonic Corp forecast a record net annual loss of USD 10.2 billion on Friday, joining beleaguered rival Sony Corp in a sea of red ink, both struggling to fix their broken TV businesses and overcome criticism that they have lost their way.