Search result for Panasonic
Panasonic to cut 1000 domestic jobs, for structural reorganization of the company
Highlights
- Panasonic to eliminate 1,000 jobs in Japan
- This is a part of the early voluntary retirement program
Panasonic Corp is planning to eliminate more than 1,000 jobs in Japan. This will take place through an early retirement pr...
700 workers affected as electronics giant Panasonic shuts its manufacturing operations in Singapore
Highlights
• Panasonic shuts manufacturing operations in Singapore
• The company layoffs about one-third of its workforce
Panasonic to shut compressor manuf...
PANASONIC CORP. EXPECTS NET PROFIT TO INCREASE BY $1.9 BILLION
Highlights –
- Panasonic Corp. expects net profit to increase by $1.9 billion.
- In fiscal 2021, the company sales are forecasted to increase 4.5 percent to 7 trillion yen.
- The automotive segment is expected to turn an operating profit of...
PANASONIC DECIDES TO FULLY ACQUIRE US. BLUE YONDER GROUP
Highlights –
- Panasonic decides to fully acquire the U.S Blue Yonder Group.
- Panasonic plans to strengthen its logistics business with Blue Yonder’s digital technology.
- Panasonic in 2020 had previously obtained a 20% stake in Blue...
PANASONIC CORP TO BUY US SUPPLY-CHAIN SOFTWARE COMPANY BLUE YONDER FOR $7.1 BN
Highlights
• Panasonic made acquisition, which happens to be the biggest of the decade, in order to tap growing demand from companies as the coronavirus pandemic tests their resilience to disruption
• Panasonic said “The need for more intelligent, autonomous an...
PANASONIC LIKELY TO BUY U.S SOFTWARE FIRM BLUE YONDER GROUP INC.
Highlights –
- Panasonic likely to buy U.S software firm Blue Yonder Group Inc.
- Panasonic plans to boost its services for companies aiming to improve efficacy in logistics.
- The company had already acquired a 20% stake in Blue Yonder for...
PANASONIC CORP. TO TEST OUT SELF-DRIVING ROBOTS IN FEBRUARY FOR HOME DELIVERIES
Highlights –
- Panasonic Corp. to test out self-driving robots in February for home deliveries.
- The first phase of the test will be done in a residential area near Tokyo.
- The autonomous robot travels at a maximum speed of 4 kms per hour...
MAJORITY OF PARTS USED IN IPHONE 12 ARE KOREAN-MAKE OVERRIDING U.S.
- The ratio of Korean parts used in Apple 's latest smartphone iPhone 12 is higher than that of U.S. parts.
- The Nihon Keizai Shimbun of Japan noted on Nov. 21 that a part by part breakdown of the iPhone 12 by Formalhaut Techno Solutions in Tokyo showed that Korean parts ...
PANASONIC TO CONDUCT MARKET RESERCH ON LITHIUM-ION BATTERY BUSINESS IN EUROPE
Highlights –
- Panasonic to conduct market research on lithium-ion battery business in Europe.
- The research could lead to the construction of a plant to supply U.S electric vehicle maker Tesla Inc.
- Panasonic is doing joint research with...
PANASONIC GROUP TO MAKE BIG BATTERY BET IN EUROPE
Highlights:
- The company Panasonic is going to make a big battery bet for setting up its first battery factory in Norway
- The Panasonic group is intending team up with the company Norsk Hydro on expanding the battery business of the company in Europe
PANASONIC CORP. PRESIDENT AND CEO TSUGA TO STEP AFTER 9 YEARS OF SERVICE
Highlights –
- Panasonic Corp. President and CEO Kazuhiro Tsuga to step down after 9 years of service.
- He had established a partnership with U.S electric vehicle maker Tesla Inc.
- Tsuga will be replaced by Yuki Kusumi, the managing execu...
PANASONIC CORP. REPORTS DECLINE IN NET PROFIT FOR THE FIRST HALF FY 2020 BY 51.6%
Highlights –
- Panasonic Corp. reports decline in net profit for the first half FY 2020 by 51.6%.
- For the April-September period the company posted an operating profit of 96.63 billion yen.
- For the April-June quarter the company reporte...
TESLA MULLING OVER STAKE IN LG TO MOBILIZE BATTERY SUPPLY FOR EV’S
- Tesla is looking to gain a chunk of LG Energy Solution, soon to be separated by LG Chem, to procure a stable supply of batteries as told by reliable sources.
- Tesla is thinking proactively to acquire a stake in LG Energy Solution.
Specifically, Tesla is said to...
PANASONIC EXPANDS ITS INDIAN 4K TV PORTFOLIO
HIGHLIGHTS
- Panasonic India has unveiled 16 new models to strengthen its 4K TV portfolio in India.
- Four new models are in HX series.
Panasonic India recently unveiled 16 new models to strengthen its 4K TV portfolio in India. The HX se...
TWO LEADING JAPANESE ELECTRONICS COMPANIES HARVEST HIGHEST ENERGY FROM SOLAR CELL PANEL
Highlights:
- NEDO and Panasonic have unlocked the process to achieve highest efficiency
- This achievement ensures that energy can be produced for previously non-suitable areas for solar panels
Perovskite solar cell panel has produced t...
CHOOSE THE RIGHT MASSAGE CHAIR BRAND
Highlights:
-Massage is the best way to attain complete mind and body peace.
-There are some good leading brands of massage chairs to choose from.
-Choose the best one for yourself.
Massage is the best way to attain complet...
Panasonic India launched a new #JunkTheJunk campaign
Consumer Sustainable Company Panasonic India has launched a new #JunkTheJunk campaign in which the company asks its customers to take the new year 2020 resolution with Panasonic refrigerators by' junking the garbage.' The campaign is aimed at inspiring conscientious millennials this new y...
Air purifier sales jump to 60% amid rising air pollution
Air purifier producers noticed a 60% rise in sales during the peak seasons, October and November this year. This sudden jump can be accounted for thanks to increasing pollution levels and immense bump in air quality index in Delhi-NCR and northern region.
Air purifier makers like Philip...
Japanese Semiconductor producing business
Current standing and future development of the business because it gears itself towards new application markets like autonomous vehicles and explores methods of key players, together with Toshiba, Panasonic, Fujitsu, Renesas natural philosophy, and Sony.
The Japanese semiconductor busin...