Panasonic Corp (PCRFY.PK)
|Market Cap (Mil.):||$28,297.13|
|Shares Outstanding (Mil.):||2,453.05|
JERUSALEM - Israeli chipmaker TowerJazz's CEO declined to confirm that the company is in talks to buy three Panasonic plants in Japan and said that reports it would finance such an acquisition with $100 million in equity were untrue.
JERUSALEM, Dec 4 - Israeli chipmaker TowerJazz's CEO declined to confirm that the company is in talks to buy three Panasonic plants in Japan and said that reports it would finance such an acquisition with $100 million in equity were untrue.
TOKYO - For Japan's electronics firms, the kitchen is the final frontier.
* Smart household appliances offer new prospects as TVs sag
TOKYO - Panasonic Corp will sell its three main chip plants in Japan to Israel's TowerJazz, people with direct knowledge of the matter said on Wednesday, as the electronics giant wraps up a multi-billion-dollar restructuring drive.
* Panasonic's restructuring nears end with sale of plants
* Sources say Panasonic to sell 3 Japan chip plants, stock up * Rakuten jumps after being promoted to main board Topix By Dominic Lau TOKYO, Nov 27 - Japan's Nikkei share average edged lower on Wednesday on profit-taking, peeling further away from a six-month high, though traders said investors were looking for opportunities to pick up bargains. Nikon Corp, Ricoh Co Ltd and Canon Inc were in demand, up between 0.8 and 3.1 percent after U.S. Hewlett-Packard Co beat re
TOKYO - Japan's Panasonic Corp will sell three domestic semiconductor factories to Israel's TowerJazz as early as the current business year ending March, sources with direct knowledge of the matter said, bringing the embattled electronics giant closer to completing the overhaul of its loss-making businesses.
- Japanese consumer electronics firm Panasonic Corp will launch about five compact digital cameras next year, half of this year's number, as it looks to return the business to profitability by fiscal 2014, the Nikkei reported.
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