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Stock Market & Financial Investment News

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October 4, 2012
05:32 EDTPCPanasonic updates on the damage to the Chinese manufacturing sites from strike
Panasonic provided and update ont he damage at the group manufacturing sites caused by the anti-Japan demonstrators in China in September . There was no njury to personnel. Industrial devices at Qingdao factory: there was damage to the building, equipment, etc. The operations excluding certain products at the factory have restarted. Panasonic expects to restart the full production in the middle of October. Industrial devices at Suzhou factory: Despite some damage to the building, equipment, etc., there was no major damage to production equipment. The operations at the factory restarted from Sept. 21. Systems & Communications at Zhuhai factory. The factory had stopped operation and employees had stayed at home, since approximately 10 Chinese employees made a protest. The most of operations at the factory restarted from Sept. 25. Panasonic says, there shall be no effect associated to property damage on the consolidated financial outlook of Panasonic for fiscal year ending March 31, 2013.
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May 22, 2013
13:11 EDTPCPanasonic to cease U.S. production of solar cell wafers, Nikkei says
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May 17, 2013
07:59 EDTPCPanasonic looks to India for smartphone sales, WSJ reports
After it pulled out of the European smartphone market last November because of weak demand, Panasonic is now looking to India's competitive smartphone market, reports the Wall Street Journal. Reference Link

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