Wednesday, June 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
HP's Futuristic 'Machine' Computer To Reach Software Developers Next Year
Samsung Licenses ARM's Mali GPUs
New Aquaris E5 HD Ubuntu Edition Smartphone Launches in Spain
Computex: ASUS Showcases Pen Stick PC Powered By A Cherry Trail CPU
Apple Is Recalling Beats Pill XL Speakers
IBM Buys Blue Box to Accelerate Open Hybrid Clouds
Yahoo Gives Advertisers Fraud Verification Tools
Fujifilm and imec Demonstrate Full-color Organic light-emitting diodes With photoresist technology for organic semiconductors
Active Discussions
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
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 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
Panasonic Expands Toughbook H2 Battery Recall in The United States

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 .