Panasonic to warn of record $9.2 billion annual loss: report

TOKYO (Reuters) - Panasonic Corp is likely to forecast a record net annual loss of more than $9.2 billion, local media reported on Friday, as it tallies the cost of trying to fix its broken TV unit and writes down its Sanyo Electric acquisition, forming a trinity of beleaguered Japanese consumer electronic giants.

read full story - share - Reuters: Technology News 104 days ago