Panasonic is tackling low-cost competitors head on with plans to manufacture cheaper white goods in the countries where they will be sold, according to its head of overseas operations.In Indonesia, Panasonic is making a $170 fridge for the domestic
TOKYO - Panasonic Corp. said Thursday it has begun a tender offer to take over smaller rival Sanyo Electric Co. for an estimated 402 billion yen , moving closer to create one of the world's biggest electronics makers. Panasonic, the world's biggest
China is forcingPanasonic to sell off assets in Japan to secure approval for its acquisition ofSanyo Electric, the first time Chinese competition authorities have compelled disposals outside of the country in a monopoly review.The landmark ruling by
TOKYO, Aug 3 – Japan’s Panasonic reported a smaller-than-expected quarterly loss as it cut costs to fight a firmer yen and weak TV and digital camera demand, and it stood by its annual outlook for its net loss to shrink by half. Panasonic saw sales