Friday, October 31, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Updated BBM Offers More Privacy, Control and More
Panasonic Raises Profit Outlook
Toshiba Offers New 4TB and 5TB Desktop HDDs
Samsung Introduces New Ultra Slim Galaxy A5 and Galaxy A3 Smartphones For The Chinese Market
Sharp 2Q Profit Slides
PlayStation 4 Sales Sustain Sony's Quarterly Loss
MSI Debuts The GT80 Titan Gaming Notebook With Mechanical Keyboard
Sharp To Produce New Backlight-free LCD Panel For Wearables
Active Discussions
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
 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
Panasonic Raises Profit Outlook
Panasonic AX800 4K ULTRA HD TVs Update Adds Compatibility With Netflix 4K Streaming
Panasonic Introduces Rugged 7-inch Android Tablet
Panasonic to Start Licensing Unified IP Core for HD-PLC
Panasonic to Offload Sanyo's North America TV Business
Panasonic Develops 85-inch 4k Touch Screen, Showcases New HEVC LSI
Panasonic Commercializes Pin-Shaped Lithium Ion Battery For Wearables
Panasonic To Close DVD-player Factory In Slovakia
Panasonic and Leica Expand Partnership Agreement
Panasonic Reveals The Lumix DMC-LX100, Lumix DMC-GM5 Cameras And the DMC-CM1 Smartphone
Panasonic Showcases Optimized Workflow at IBC 2014
Panasonic Announces Rugged Toughpad FZ-E1 Tablet at IFA 2014

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .