Saturday, March 31, 2012

Reuters: Technology News: Panasonic to shift mobile handset production abroad: Nikkei

Reuters: Technology News
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Panasonic to shift mobile handset production abroad: Nikkei
Apr 1st 2012, 05:01

Panasonic's logo is seen on a wall of an electronic shop in Tokyo February 3, 2012. Panasonic Corp is likely to forecast a record net annual loss of more than $9.2 billion, local media reported on Friday, as it tallies the cost of trying to fix its broken TV unit and writes down its Sanyo Electric acquisition, joining a trinity of beleaguered Japanese consumer electronic giants.

Credit: Reuters/Kim Kyung-Hoon

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