Matsushita reports improved profits
Matsushita has come out with their latest revenue report and their profits have more than doubled in the first quarter of the year.
The company gained from strong sales of their mobile phones and television sets.
Matsushita Electric Industrial reported that their earnings were up at 61.6 billion yen from 23.4 billion yen in [...]

Pioneer to stop manufacturing plasma panels
Pioneer Corp. has announced that they are soon going to stop production of plasma display panels.
The company aims to stop the losses in this division. They would now procure the panels from other companies as per their requirements.
Pioneer added that they are already in talks with Matsushita Electric Industrial to [...]