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Posts Tagged ‘Panasonic Corp.’

TOKYO (AP) — American electric car maker Tesla Motors Inc. is teaming up with Japanese electronics company Panasonic Corp. to build a battery manufacturing plant in the U.S. expected to create 6,500 jobs.

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OSAKA, Japan (AP) — Profit rose 20 percent at Panasonic Corp. in the October-December quarter as growth in businesses such as smart home systems offset its long struggling TV and appliance divisions.

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Sony Corp cut its full-year profit targets after slipping to a quarterly net loss as its recovering TV operation relapsed into the red. With a quarterly net loss of 19.3 billion yen ($197 million), Sonys bad-news Thursday came in stark contrast to an upbeat showing by Japanese peer Panasonic Corp. It also stirred doubts about […]

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