Monday, December 11, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Upcoming Samsung QLED TVs Could Have LG Panels Inside
LG Electronics Applies For Iris Recognition Patent For Mobiles
HP Patches New Keylogger Software in its Laptops
DVD6C Lowers Royalty Fees for DVD Players
LG Tests LTE-based Safety Technology for Connected, Self-driving Cars
Apple Said To Buy Shazam
Intel Uses Cobalt Interconnect for 10nm, Global Foundries Detail EUV Lithography for 7nm
LG Display Starts OLED Light Panel Production
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 System to Protect Cyber Attacks in Connected Cars
Panasonic Develops a "Makeup Design Tool" That Lets You Use Create Digital Professional Makeup
Panasonic - Technics Audio and Video Products at IFA
Panasonic Technology Detects and Predicts a Driver's Level of Drowsiness
Panasonic Releases Tiny 512Gb SSD in Japan
Panasonic DMP-UB30 Ultra HD Blu-ray Player Debuts in Japan
Panasonic Announces the Toughbook 33 2-in-1 Detachable Laptop
Panasonic Releases the Toughbook CF-33 2-in-1
Panasonic Brings High Contrast Transparent Screen to Market
Panasonic Develops First Organic CMOS Image Sensor With Electrically Controllable Near-Infrared Light Sensitivity
Terahertz Wireless Allows Data Transfer 10 Times Faster Than 5G
U.S. Authorities Probe Panasonic's Avionics Business

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 .