Panasonic lowers FY13 sales outlook to 7.3T yen from 8.1T yen Cites worsening market conditions in digital consumer products and the slowdown economy in emerging countries. Panasonic lowered its FY13 perating profit outook to 140B yen from 260B yen due mainly to the sales decrease.
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Panasonic 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