Tag Archives: Panasonic Cuts

Panasonic Cuts Sales Target on Slowdown in China, Emerging Economies

Panasonic on Wednesday cut its full-year revenue forecast, citing a slowdown in China and other emerging economies, but added that net profit soared in the nine months to December. The Japanese electronics giant which has been undergoing a huge restructuring to close the door on record losses in recent years trimmed its fiscal year sales target by nearly six percent ... Read More »