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Stock Market & Financial Investment News

News Breaks
January 17, 2014
05:53 EDTPCRFYPanasonic to sell three chip assembly plants, decide on two others, Reuters says
Panasonic plans to sell three chip-assembly plants in Southeast Asia to Singapore's United Test and Assembly Center, sources say, reports Reuters. Panasonic is looking to conclude a deal by early February, and is considering its options for two other chip assembly plants in Shanghai and Suzhou, China, the sources added.Reference Link
News For PCRFY From The Last 14 Days
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August 27, 2015
06:04 EDTPCRFYPanasonic to cut 1,300 jobs, stop making batteries in Beijing, Reuters reports
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August 20, 2015
06:02 EDTPCRFYTop electric car makers largely choosing SDI, Panasonic for batteries, WSJ says
Large auto makers in the U.S., Europe and Asia are favoring Samsung's (SSNLF) SDI unit, Panasonic (PCRFY) and LG to supply advanced batteries for their electric cars following several years of failed technology bets among suppliers, The Wall Street Journal reports. According to Lux Research battery expert Cosmin Laslau, five years from now, "We are looking at Panasonic, LG and Samsung SDI making up about 80% of the market." Reference Link

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