Monday, August 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Xiaomi Has Reclaimed Top Spot in China, Huawei Pushes Ahead of Apple
Older Noctua Heatsinks To Support Upcoming Skylake Ptrocessors
Sony's Midrange Xperia C5 Ultra and M5 Smartphones Come With Strong Cameras
Photos of Upcoming Samsung Phablet Appear Online
Lattice Releases First superMHL Solutions for USB Type-C
AUDI AG, BMW Group and Daimler AG To Buy Nokia's HERE Digital Mapping Business
AT&T To Offer Wireless Service And DirecTV's Pay-TV Offerings
Microsoft Sees Growth Beyond The Desktop With Windows 10
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > General Computing > Panason...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, May 18, 2013
Panasonic May Fully Absorb Sanyo Electric


The future of Sanyo Electric as a brand and a company is uncertain as its parent company Panasonic is undergoing a reorganization plan, which includes global jobs cuts.

The Nikkei reported on Friday that Panasonic would cut 90 percent of Sanyo's global workforce of about 2,500 in around three years. About 1,000 workers at Sanyo's headquarters will be reduced to around 100 this fiscal year, leaving just a small crew for handling legal matters and managing intellectual property.

Sanyo had been a leader in lithium ion batteries and solar panels. Panasonic bought the company in 2010 in order to expand in new market segments but it faced hard competition from South Korean competitors, while the strong yen was also not allowing Panasonic to be competitive.

Since then, Panasonic has sold off several of Sanyo's operations, including the Sanyo digital and digital movie camera business.


Previous
Next
HP and SAP Demonstrate SAP HANA System        All News        Microsoft Says Viruses Are Back On The Rise
HP and SAP Demonstrate SAP HANA System     General Computing News      Microsoft Says Viruses Are Back On The Rise

Get RSS feed Easy Print E-Mail this Message

Related News
New 20.3-Megapixel LUMIX DMC-GX8 Comes Supports 4K Capabilities
Panasonic Reports Profit
Panasonic Introduces the Wearable POV Action-cam HX-A1
Panasonic to Share Intellectual Property to Boost Internet of Things
Panasonic Unveiled Data Storage Backup Unit at OCP 2015
MWC: Panasonic Nubo Monitoring Camera Has 4G Connectivity
Panasonic Showcases VR Headset, Produces World's Largest Aspheric Lens
Panasonic Reports Third Quarter Dip
Panasonic LUMIX GF7 Camera Marries Selfie Functions with Classic Style
Panasonic Showcases 8K Display For B2B
Panasonic Showcases Next Generation Blu-ray Disc Player at CES 2015
Panasonic at CES 2015

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .