Panasonic Corp

Panasonic agrees to base pay rises bigger than last year

Panasonic Corp said on Wednesday it has agreed to increase the base salary for its employees by 3,000 yen a month, higher than last year's 2,000 yen hike, following annual wage negotiations with the electronics maker's labor union.

Read Full Article

Japan's old flip-phones soldier on while smartphones shrink

Japanese shipments of traditional flip-phones rose in 2014 for the first time in seven years while smartphone shipments fell, highlighting Japanese consumers' tenacious attachment to the familiar and typically less expensive older models.

Read Full Article

Panasonic says on track to meet annual profit target despite third quarter dip

Japanese electronics firm Panasonic Corp said a dip in quarterly operating profit won't derail it from hoisting earnings 15 percent this year as a restructuring strategy of exiting low-margin product lines like TVs continues to pay off.

Read Full Article

Panasonic withdraws from TV production in China: source

Panasonic Corp (6752.T) has stopped making TVs in China and plans to liquidate its joint venture in Shandong, a company source said on Saturday, the latest in a string of Japanese electronics companies exiting overseas TV markets amid strong pricing pressure.

Read Full Article

Panasonic CEO says considering white goods M&A in Europe

Japanese electronics conglomerate Panasonic Corp is considering M&A deals as a way to bolster its position in the European white goods market, its chief executive said on Monday.

Read Full Article

Panasonic to sell Sanyo TV unit in U.S. to Funai Electric

Panasonic Corp (6752.T) plans to sell its Sanyo television unit in the U.S., which supplies sets to Wal-Mart Stores (WMT.N), to Funai Electric (6839.T) as it steps back from unprofitable businesses, the Nihon Keizai newspaper reported.

Read Full Article

Top deals of the day - bids, mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported on Wednesday including Sinopec, Apache, AMR, US Airways, Deutsche Bank, EDF, Oxford, Andor, Bank Zachodni WBK, Shuanghui, Campofrio, OCZ, Toshiba and CVS Caremark.

Read Full Article

Japan's Panasonic to sell three chip plants to Israel's TowerJazz -sources

Troubled electronics giant Panasonic will sell three of its chip factories in Japan to Israel's TowerJazz by March 2014, according to sources with direct knowledge of the situation.

Read Full Article

Panasonic Corp says it can afford acquisitions

Panasonic Corp said it could now afford deals worth JPY 100 billion as the company moves towards profits.

Read Full Article

Panasonic Corp exits healthcare business courtesy of KKR

In a joint statement, Panasonic Healthcare Co would be sold to KKR & Co for JPY165 billion.

Read Full Article

Bain Capital, Toshiba, KKR are likely bidders for Panasonic’s healthcare biz: sources

Sources said that the most likely bidders for Panasonic’s healthcare unit are KKK, Toshiba Corp and a consortium led by Bain Capital.

Read Full Article

Panasonic to invest JPY20 billion in lithium-ion batteries - sources

Sources said Panasonic Corp would expand its enterprise in lithium-ion battery by investing no less than JPY20 billion for its production.

Read Full Article

Japan's robots look at car industry as smartphone growth declines

Japanese corporations that made robots that build smartphones were eyeing automakers due to the decline in smarphone's growth.

Read Full Article

Panasonic to sell more robots to automaking industry

Panasonic would sell more of its robot to the automaking industry and reduce its smartphone-related enterprise.

Read Full Article

Sony teams up with Panasonic to make 300GB discs

Sony would team up with Panasonic to make the newest installment optical drive storage.

Read Full Article
1 2

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics