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Panasonic Corp to Exit Plasma TV Panel Business by End of March 2014 - Reuters

Tuesday, 8 Oct 2013 07:29pm EDT 

Reuters reported that Panasonic Corp has decided to pull out of the plasma television panel business by the end of the current financial year in March 2014. With the closure of its sole plasma panel factory in western Japan, Panasonic will book an impairment loss of more than JPY 40 billion (USD 413 million) on its last remaining factory building in operation. 

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