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Panasonic eyeing withdrawal from plasma TV operations
(Japan Economic Newswire Via Acquire Media NewsEdge) OSAKA, March 18 -- (Kyodo) _ Panasonic Corp. is considering withdrawing from plasma television operations possibly in fiscal 2014 as part of efforts to focus more on profitable products, corporate sources said Monday.
Panasonic is expected to formally announce the downsizing of its TV operations later this month when the company releases its new mid-term business plan.
The Japanese manufacturer is making arrangements to cease production of plasma TV display panels at its plant in Amagasaki near Osaka possibly in the business year ending in March 2015, the sources said.
(c) 2013 Kyodo News International, Inc.
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