Panasonic posts €967.2m loss

Japanese electronics giant Panasonic stayed in the red in the latest quarter and projected a huge annual loss due to slumping TV sales and the strong yen.

Panasonic posts €967.2m loss

Japanese electronics giant Panasonic stayed in the red in the latest quarter and projected a huge annual loss due to slumping TV sales and the strong yen.

The company reported a loss of 105.8 billion yen (€967.2m) for the July-September quarter today.

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