Thursday, December 08, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple In Talks With Hollywood For Early Movie Rental
Bluetooth 5 Technology Brings Advancements In Terms Of Range, Speed And Capacity
Global Virtual Reality Association Established To Promote VR
Fitbit Acquired Assets from Pebble
GIGABYTE Announces Xtreme Gaming Peripherals, Including A Gaming Chair
Scythe Releases Improved Mugen 5 CPU Cooler Armed With Kaze Flex 120 Fan
Qualcomm Begins Sampling The 48- Core, 10nm Centriq 2400 Server Processor Family
Could Future Intel Chips Have AMD Graphics Inside?
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 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
Nissan Said to Exit Battery Business
Panasonic To Pay 129 Million Euros Fine Over Cathode Ray Tube Price Fixing Case
Panasonic Unveils 8K Ultra-bright Images Created by Four 4K Projectors
Panasonic LUMIX GX85 Packs High Image Quality In a Compact Body
Panasonic Develops Secong Generation Freeze-ray Optical Disc-Based Data Archive System
Panasonic Announces Two New Rugged Smartphones

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .