Panasonic – The European Union Times ⚡ Shocking Hidden News Reports ⚡

Comedy: Panasonic Electric Vehicle Battery Factory Needs its Own COAL Power Plant

EU Times — Thu, 28 Sep 2023 12:40:30 +0000

A coal-fired power plant in Kansas that was slated for closure will remain open after all to provide needed power for, wait for it: a new electric vehicle (EV) battery factory producing “clean” energy storage products. In accordance with the Biden regime’s ongoing efforts to force all Americans into an EV, Panasonic has built a […]

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Panasonic Lumix DMC-CM1 smartphone brings largest imaging sensor

EU Times — Wed, 17 Sep 2014 19:36:38 +0000

Panasonic has debuted a hybrid smartphone-camera sporting the largest imaging sensor yet to feature on a smartphone. The Photokina trade show in Cologne saw the company lifting the curtain off Lumix DMC-CM1, whose camera has been fitted with a 1 inch 20-megapixel sensor. Probably monopolizing the attention of mobile photographers so far has been Samsung’s […]

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Japanese giants Panasonic, Sharp post $11 billion losses

EU Times — Sat, 02 Feb 2013 19:15:12 +0000

Embattled Japanese consumer electronics giants Panasonic and Sharp have posted more than USD11 billion in combined losses over the nine-month period ending in December. On Friday, Sharp announced its losses had doubled in the nine months leading to December to USD4.6 billion. Panasonic, meanwhile, said it had lost about USD6.77 billion over the same period, […]

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Panasonic downgraded by S&P due to $10 billion losses

EU Times — Sat, 03 Nov 2012 18:06:10 +0000

Panasonic Corp., Japan’s second largest TV maker, saw its credit rating cut by two levels by Standard & Poor’s after it forecast a $9.5 bn loss 30 times bigger than analyst estimates. S&P said it has downgraded long-term debt to BBB, down from A-, as “huge losses for the second year in a row weaken […]

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Japan's ambassador to China dies amid rising anti-Japanese protests

EU Times — Tue, 18 Sep 2012 22:55:44 +0000

The Japanese ambassador to China died in a Tokyo hospital after being admitted three days earlier. His death coincides with an escalation in anti-Japanese protests across China over a territorial dispute. The cause of ambassador Shinichi Nishimiya’s death is currently under investigation, Japan’s Ministry of Internal Affairs said. Three days ago, Nishimiya was found unconscious […]

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Sony, Panasonic stocks hit 30-year lows

EU Times — Fri, 11 May 2012 21:22:03 +0000

The stocks of Japan’s electronics giants Sony and Panasonic have plunged to their lowest in over three decades with companies reporting USD 5.7 billion and USD 9.67 billion annual losses respectively. Sony’s shares dived 6.43 percent to 1,135 yen on Thursday, while Panasonic closed down 1.55 percent at 570 yen on Friday. The firms’ shares […]

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Panasonic invests $30 million in Tesla Motors

EU Times — Fri, 05 Nov 2010 08:01:44 +0000

Panasonic Corporation and Tesla Motors today announced that Panasonic has invested $30 million in Tesla. The investment was made through the purchase of Tesla common stock in a private placement at a price of $21.15 per share. The investment builds upon a multi-year collaboration of the two companies to accelerate the market expansion of the […]

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