Monday, 3 November 2008

Report: Panasonic to Acquire Sanyo

Japanese electronics giant Panasonic has agreed to buy Sanyo Electric, the Nikkei business daily reported Monday.
Panasonic and Sanyo will hold board meetings by the end of this week to approve the deal and a formal announcement could come as early as Friday, according to the report, which did not cite sources for the information.
The resulting company will be Japan's largest electronics maker, the Nikkei said.
The deal may come as a relief to Sanyo, which has been struggling to turn around its business for the past few years. The world's largest manufacturer of lithium-ion batteries posted its first profit in four years in its most recent fiscal year, which ended in March 2008. Sanyo also makes a range of electronics products including digital video cameras, as well as green energy devices such as solar cells.

Reference :

No comments:

Nasser Hajloo
a Persian Graphic Designer , Web Designer and Web Developer

Subscribe feeds via e-mail
Subscribe in my preferred RSS reader

Subscribe feeds rss Recent Entries

Advertise on this site Sponsored links

Labels And Tags



All My Feeds

Computer And Technology News Blog
Hajloo's Daily Note Blog
Development World Blog
Iran ITIL - ITSM Center Blog
Khatmikhi Press Blog
Khatmikhi Blog
Mac OS X in Practice Blog

Subscribe feeds rss Recent Comments


My authority on technorati
Add this blog to your faves