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Manufacturing/Packaging  

Report: Panasonic to shut down three plants

Posted: 30 Jan 2009  Print Version  Bookmark and Share Subscribe

Keywords: Panasonic plants close  Asia job cut  electronics falling prices 

[Summary of tips] Panasonic Corp. plans to close three plants in Asia and axe hundreds of jobs as the Japan company braces to slip into the red for the first time in six years, according to an AFP report.The report further said that Panasonic was affected by falling electronics prices and the yen's rise, resulting to an expected reported net los......
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