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Panasonic plans battery mega factory with Tesla: report

Japan's Panasonic and California-based electric-vehicle venture Tesla Motors are in talks to build a $1 billion automotive battery plant in the United States.

Panasonic plans battery mega factory with Tesla: report
©Reuters/Rick Wilking
Panasonic to slash chip business workforce in half: reports

Panasonic is set to cut its chip division workforce in half, axing thousands of jobs as the electronics giant overhauls its battered balance sheet after record losses.

Panasonic to slash chip business workforce in half: reports
Panasonic to exit plasma TV display business: report
Panasonic to exit plasma TV display business: report

Panasonic will stop making plasma television screens by early next year, a report said Wednesday, as the struggling electronics giant undergoes a huge corporate overhaul.

Panasonic to exit plasma TV display business: report
©REUTERS/Kim Kyung-Hoon
Panasonic, Sanyo fined $56 mn for price-fixing: US

Japan's Panasonic and its subsidiary Sanyo have each pleaded guilty to price-fixing involving auto parts and battery cells, agreeing to pay $56.5 million in fines.

Panasonic, Sanyo fined $56 mn for price-fixing: US
Panasonic chief Kazuhiro Tsuga shows off one of his company's Smart TVs.  ©REUTERS/Rick Wilking
Japan broadcasters ban Panasonic 'smart' TV commercial

Japanese broadcasters are refusing to air commercials for Panasonic's new "smart" television, the manufacturer said Monday, amid speculation they feel threatened by its combined TV-Internet function.

Japan broadcasters ban Panasonic 'smart' TV commercial
©REUTERS/Steve Marcus
Panasonic to shrink TV business, exit plasma: report

Embattled Japanese electronics giant Panasonic plans to scale down its television business and withdraw from manufacturing plasma displays.

Panasonic to shrink TV business, exit plasma: report
TVs get bigger, bolder, smarter at CES show
TVs get bigger, bolder, smarter at CES show

TV makers showing off their new wares at a huge trade fair will seek to dazzle consumers with bigger, bolder displays, and smarter technologies for consumers who want television to be a "multiscreen" experience.

TVs get bigger, bolder, smarter at CES show
Panasonic shares plunge after loss forecast
Panasonic shares plunge after loss forecast

Shares in Panasonic dived nearly 20 percent Thursday after the Japanese firm warned of a mammoth $9.6 billion annual loss in the latest sign of trouble for the nation's hard-hit electronics giants.

Panasonic shares plunge after loss forecast
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