Panasonic warns of $10bn annual loss

[Turkish]

kowenicki said:

Turkish said:

kowenicki said:

Turkish said:

http://www.ft.com/intl/cms/s/0/e3c8007c-4e3c-11e1-aa0b-00144feabdc0.html?ftcamp=rss#axzz1lJGvtERc

 

Strong yen and nature disasters last year are killing them like Sony... Hope they stay afloat because they make the best Plasmas out there.

 

Will they join Japan Display? They sold a plant to them. Sony Toshiba Hitachi will be state funded, just like Samsung has been state funded for decades.

You keep saying this.... its wrong.  The Japanese display Company isnt about state funding of the contributing members.

...and it is only for small to medium sized panels...

The state funded INCJ will acquire 70% of Japan display, so yes their small display panels will be state funded

and the other companies acquire 10% each... it is a joint venture aiming to make a profit, not a gift to the companies concerned. 

But the money's coming from the state so its state funded.