Panasonic To Cut Spending - Congoo

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Panasonic to cut spending

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Gulf Daily News | January 10, 2009

TOKYO: Panasonic yesterday said it will slash investment in flat televisions and exit unprofitable businesses, joining other Japanese electronics makers in downsizing to cope with the economic downturn. The company, which has enjoyed brisk sales of plasma televisions, mobile telephones and digital c...

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