In a presentation beamed to Panasonic offices around the world last week, Kazuhiro Tsuga, the company's president, stunned middle managers with the blunt message that their bonuses would be cut more than a third.
A couple of hours later, he warned investors in Tokyo that Panasonic would lose nearly ¥765 billion, or $9.6 billion, in the business year ending next March as it wrote down assets and restructured. That would raise cumulative losses at the 94-year-old company to nearly $25 billion in five years. Mr. Tsuga branded Panasonic, the maker of Viera
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Super Electronics For a Super Bowl
November 7, 2012
From News
Making the most of the biggest sporting event of the year no longer means having the biggest, baddest screen on the block. Football fans and Super Bowl dilettantes alike are looking to reach out and expand the social aspect of fandom beyond the living room.
This year, in addition to state-of-the-art flat screens and sound systems, retailers need to acknowledge the networking trend with gadgets that connect viewers to Facebook friends, streaming online services, and mobile apps that integrate home video and audio gear with smartphones and tablets.
Whether it’s indignation at a blown call or celebratory shout-outs when their team scores, football fans want to share the games not only with those around them, but with friends and family miles away. This leads to the increased use of second screens—like tablets—so that viewers can follow friends’ comments on Facebook, or trends on Twitter, while watching the game.
Panasonic Debuts 3D Home Theater Projector
September 13, 2012
From News
Panasonic this week announced the arrival of its new PT-AE8000U full-HD 3D home theater projector. The 1080p projector works in both 2D and 3D.
