Wednesday, January 18, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
PC Gaming Hardware Market Has Breached the $30 billion Mark
VR-capable Imagination Series8XE GPU is Targeted At Low-end Smartphones
Toshiba May Spin Off Its Semiconductor Business
These Are The Specs of ZTE's Hawkeye Project CSX Crowdsourced Smartphone
Airbus Could Build A 'Flying Car' This Year
Intel Unveils New Intel Responsive Retail Platform, Announces $100 Million Investment Plan
Raspberry Compute Module 3 Launched
SpaceX Sends Satellites into Orbit
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Panason...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, October 31, 2013
Panasonic Raises Operating Profit Forecast


Panasonic raised its full-year earnings forecast, with strong sales of its automotive systems and eco-friendly technology powering its transformation into an industrial components supplier.

The company increased its operating profit forecast for the year to March to 270 billion yen ($2.75 billion) from a previous forecast of 250 billion yen.

The Japanese company posted a net profit of 61.5 billion yen for the three months to September. This was the result of Panasonic's restructuring efforts with the company already out of plasma TVs, smartphones and having a shrinked chipmaking segment.

Regarding plasmas (PDP), Panasonic will end the production of plasma display panels (PDP) in December 2013, and stop business operations 6 factories. The company will end sales of plasma TVs for consumer use and PDP related products for commercial use, such as Interactive Plasma Displays, with the products for FY 2014 (ending March 31, 2014).

Panasonic said it would sharply increase its supply lithium batteries to U.S. carmaker Tesla to nearly 2 billion cells in the four years to 2017.

Panasonic also raised its full-year net profit forecast to 100 billion yen.




Previous
Next
Sharp Reports Quarterly Profit After Two Years        All News        Sony Posts Quarterly Loss
Sharp Reports Quarterly Profit After Two Years     General Computing News      Sony Posts Quarterly Loss

Get RSS feed Easy Print E-Mail this Message

Related News
Panasonic Develops Flexible battery Small Enough To be Embedded into Credit Cards
Panasonic Joins The OLED TV Camp, Showcases Head-mounted Display
Panasonic Demonstrates "Companion" Robot at CES
CES: Panasonic Launches Flagship Lumix DMC-GH5, DMC-FZ80 And The Mirrorless DMC-GX850
Panasonic Unveils New Ultra HD Blu-ray Players
Tesla and Panasonic Will Begin Manufacturing Solar Cells and Modules in Buffalo
Panasonic May Buy Headlight Manufacturer ZKW
Panasonic Develops IPS Liquid Crystal Panel with Contrast Ratio Of Over 1,000,000:1
Panasonic Technology Transmits Data By Human Touch
Panasonic Bendable, Twistable, Flexible Lithium-ion Battery Could Bring Revolution To Future Devices
Panasonic Releases New LUMIX Cameras Including The 6K LUMIX GH5
NHK Join Forces With Panasonic And Sony To Win The 8K TV Race

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .