Panasonic Corp

Panasonic posts 19% drop in third-quarter profit, lowers full-year outlook

Panasonic cut its operating profit forecast for the year ending March to 385 billion yen from 425 billion yen.

Feb 04, 2019, 12:44 PM IST

Panasonic in talks to buy ZKW for up to $1 bn

Japan`s Panasonic Corp is in the final stages of talks to buy European automotive light maker ZKW Group for up to $1 billion, accelerating its push into the automotive electronics market, the Nikkei business daily reported Monday.

Dec 05, 2016, 08:56 AM IST

Panasonic to stop making batteries in Beijing, cut 1,300 jobs

The plant, which produces batteries for mobile phones and cameras mainly for non-Japanese brands, has been struggling to boost profitability, the paper said.

Aug 27, 2015, 09:23 AM IST

Anchor Electricals eyes Rs 5,000 cr revenue by 2020

''We are expanding in African, South Asian and Middle East markets. We are expecting to have Rs 350 crore by 2018 from this," he said.

May 24, 2015, 10:48 AM IST

Panasonic Corp chief meets Prime Minister Narendra Modi

Japanese MNC Panasonic Corp's President Kazuhiro Tsuga Friday met Prime Minister Narendra Modi to explore opportunities to partner India in becoming a global manufacturing hub.

Dec 05, 2014, 23:31 PM IST

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

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.

Jul 31, 2014, 12:24 PM IST

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

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.

Apr 11, 2014, 14:10 PM IST

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

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.

Feb 26, 2014, 08:48 AM IST

Sony, Panasonic say to end joint OLED TV development

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.

Dec 25, 2013, 15:20 PM IST

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

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.

Nov 23, 2012, 10:49 AM IST

Panasonic headed for record $10 billion annual loss

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.

Feb 03, 2012, 13:49 PM IST