Panasonic cuts 1,000 as TV prices drop. 10/24/2011
Panasonic announced the closing of plants and continued restructuring due to tough competition in the TV market. A sign of the shifting in high tech that keeps us all on our toes. "A high yen, intense global competition—particularly from South Korean firms—and falling retail prices of televisions have left Japanese manufacturers unable to earn profits by making televisions, the Yomiuri said." http://www.japantoday.com/category/business/view/panasonic-to-trim-tv-business-cut-1000-jobs CommentsLeave a Reply | John Myers bio
Raised on a big Farm/Ranch in Kansas. Moved to Big D in 1982. CategoriesAll ArchivesJanuary 2012 Evertiq New Feed |
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