Panasonic To Cut Costs To Support Shift Into AI 12
Panasonic will cut its costs, restructure underperforming units and revamp its workforce as it pivots toward AI data centers and away from its consumer electronics roots, the company said on Tuesday. The Japanese conglomerate aims to boost profits by 300 billion yen ($1.93 billion) by March 2029, partly by consolidating production and logistics operations.
Bloomberg reports that CEO Yuki Kusumi has declined to confirm if the company would divest its TV business but said alternatives were being considered. The Tesla battery supplier plans to integrate AI across operations through a partnership with Anthropic, targeting growth in components for data centers.
Bloomberg reports that CEO Yuki Kusumi has declined to confirm if the company would divest its TV business but said alternatives were being considered. The Tesla battery supplier plans to integrate AI across operations through a partnership with Anthropic, targeting growth in components for data centers.
AI fishing for FP? (Score:1)
Something weird going on with this story? A minute ago Slashdot reported it had 10 comments, but when I looked, there seems to be nothing here.
My first theory is that Slashdot is trying to improve discussions by making sure they get off on the right foot--but the FP submissions from AIs or obvious sock puppets are making that difficult.
On the topic of Panasonic, I think it's mostly become a sad story since the founder died... Almost everything that has become worse in the company/group can be traced to opti
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*sigh*
c/how think/who think/
They're pivoting to video (Score:3)
This is great news for the company that buys the Panasonic divisions that actually produce real products.
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RIP Panasonic (Score:2)
No idea why they want to kill themselves, but they are clearly in the process of doing so.
'..... Battery Supplier' (Score:3)
Sure their rechargeable batteries were always good and I still have a late 80s Platinum series boombox in the garage, still works and sounds good. But most home electronics have become a Chinese commodity.
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Panasonic's battery division is mostly Sanyo, which they bought some years ago. Eneloop and their lithium cells all come from Sanyo.
Their TVs are very good. If they spin them off then I hope the quality is maintained. Their electric razors are good too.
Panasonic has been dead to me since 2018 (Score:2)
Panasonic has been dead to me since 2018 -- that's when they stopped selling consumer / prosumer home-theater stuff.
Now they've sold -- or are about to -- sell their commercial projectors to some investment firm / VC.
They're desperately trying to shore up a sinking ship. This is as sad as Sony doing the same 10 - 20 years ago.
Changing the name from Matsushita Electric to just Panasonic was the beginning of the end, and that happened in 2008.
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Mod parent up, especially re Sony.
AI: The New OPIUM! (Score:1)
microwave! (Score:2)
The very last microwave oven I could find without a loser UI was Panasonic. All the others are made by a lame brain Chinese company.
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