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

Last Updated: Thursday, August 27, 2015, 09:23

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

Anchor Electricals eyes Rs 5,000 cr revenue by 2020

Last Updated: Sunday, May 24, 2015, 10:48

''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.

Panasonic Corp chief meets Prime Minister Narendra Modi

Last Updated: Friday, December 5, 2014, 23:31

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.

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 3, 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.