panasonic to cut 5000 jobs over three years

Panasonic to cut 5,000 jobs over three years

Japanese electronics giant Panasonic said on Thursday it was aiming to cut about 5,000 jobs over three years in its automotive and industrial systems unit, following an eye-watering annual loss.
panasonic logs 75 billion annual loss

Panasonic logs $7.5 billion annual loss

Panasonic said Friday it had logged another eye-watering net loss in the year to March, coming up $7.5 billion dollars short, but pledging to turn a profit over the next 12 months.
panasonic president chairman take 50pct pay cut

Panasonic president, chairman take 50pct pay cut

The president and chief executive of Japanese electronics giant Panasonic will have their salaries halved as part of a move to take the blame for the firm's financial woes, the company said Wednesday.
panasonic investigated in us for alleged bribes report

Panasonic investigated in US for alleged bribes: report

The US government is investigating whether a unit of Japanese electronics giant Panasonic Corporation paid bribes abroad to ease business deals, The Wall Street Journal reported Monday.
panasonic opens its 32 million washing machine production facility in vietnam

Panasonic opens its $32 million washing machine production facility in Vietnam

Today marks a milestone for Panasonic Appliances Vietnam as it inaugurates the new washing machine factory in northern Hung Yen province’s Thang Long Industrial Park II.
panasonic to shrink tv business exit plasma report

Panasonic to shrink TV business, exit plasma: report

panasonic posts 677 bn net loss in january december

Panasonic posts $6.77 bn net loss in January-December

Panasonic said Friday it lost about $6.77 billion in the nine months to December and was on track to lose a whopping $8.3 billion over its fiscal year.
panasonic ibm specific media abox42 and technisat expand build once run everywhere smart tv alliance ecosystem

PANASONIC, IBM, specific media, ABOX42, and technisat expand ‘build once, run everywhere’ smart TV alliance ecosystem

Smart TV alliance introduces 5 new members and an updated SDK at CES 2013,increasing market reach, promoting richer apps and optimizing Smart TV experience.
kiwi team comes out on top in kwn contest

Kiwi team comes out on top in KWN contest

Panasonic Regional Kid Witness News (KWN) Contest 2012 winners were announced last week in Hanoi with the New Zealand team crowned as regional champion for its winning video “Forever Emily”.
panasonic to lose 96 billion this year amid overhaul

Panasonic to lose 9.6 billion this year amid overhaul

Panasonic said Wednesday it would book a mammoth $9.6 billion net loss in the fiscal year to March as the Japanese consumer electronics giant undergoes a major overhaul of its troubled business.
panasonic launches eco ideas factory in vietnam

Panasonic launches ‘eco ideas’ factory in Vietnam

Panasonic Vietnam Group last week reemphasized its commitment to environmental sustainability by unveiling plans for new “eco ideas” factory.
panasonic champions csr

Panasonic champions CSR

Panasonic Vietnam last week held the 2013 Panasonic Master Scholarship Award Ceremony to outstanding Vietnamese graduates, a part of its corporate social responsibility programme.
sony and panasonic to announce an oled partnership next week

Sony and Panasonic to announce an OLED partnership next week

Rival Japanese television makers Sony and Panasonic will reportedly announce a new partnership next week to mass produce OLED televisions, according to Reuters.
olympus eyes sony or panasonic for tie up report

Olympus eyes Sony or Panasonic for tie-up: report

Scandal-hit Japanese camera maker is in separate talks with and for a possible tie-up as it looks to rescue itself after a huge losses cover-up, a report said Wednesday.
panasonic may halve its headquarters

Panasonic may halve its headquarters

may halve its 7,000-strong as part of a bid to streamline the and turn a profit following a record annual loss, according to media reports.