Panasonic
Japan's Panasonic targets 10,000 job cuts worldwide
The figure represents around 4% of the firm’s total workforce of nearly 230,000
Tesla supplier Panasonic to cut costs to support shift into AI
In the December quarter, Panasonic reported a 4% rise in operating profit, helped by its lifestyle segment
Panasonic teams up with Anthropic, aims for 30% of sales from AI
PANASONIC Holdings will embrace artificial intelligence (AI) technology across its hardware and software businesses and team up with Anthropic, one of the leaders in the industry, with the goal of boo...
Tesla supplier Panasonic Energy: cutting China supply ‘No.1 objective’ for US
TESLA supplier Panasonic Energy plans to eliminate its supply-chain dependence on China for electric vehicle batteries made in the United States, a senior executive told Reuters, calling the shift a “...
Panasonic’s energy unit prepares for high-capacity EV battery production
THE energy unit of Japan’s Panasonic Holdings has finalised preparations for the mass-production of its high-capacity electric-vehicle batteries, the company said on Monday (Sep 9), as it seeks to sta...
Panasonic returns to US TV market after decade-long absence
The rise of smart homes and an expansion of Panasonic’s operations enabled the new initiative
Panasonic’s battery unit misses annual profit estimate
THE energy unit of Japan’s Panasonic Holdings missed its operating profit guidance for the past business year due to lower electric-vehicle battery production in Japan and a fall in sales of consumer ...
Panasonic to sell autos business to Apollo Global-managed funds
JAPAN’S Panasonic said on Friday (Mar 29) it will sell its entire stake in Panasonic Automotive Systems (PAS) to funds managed by US private equity firm Apollo Global Management, and then make an inve...
General Motors, Panasonic sign investment deals with Canadian graphite producer
GENERAL Motors and Panasonic Holdings have signed agreements to buy electric-vehicle battery materials from Nouveau Monde Graphite and will invest in the Canadian miner to help it produce high-quality...
Panasonic is putting productivity boost ahead of new EV plant in US
PANASONIC’S battery business must focus on boosting productivity, group CEO Yuki Kusumi said, signalling the Tesla supplier may hold off building a third battery plant in North America as demand for e...