Panasonic, the Japan-based electronics company, may end its television business in 2025. On February 4, 2025, the company announced an organizational restructuring plan for its 2025 fiscal year (April 2025–March 2026). The restructuring will break up and reorganize its home appliance division, with particular attention on the TV business, which was once a flagship operation but has suffered from prolonged low profitability. Panasonic is now considering downsizing or selling off the unit, drawing significant market attention.
Panasonic may bid farewell to its former core business; considers exiting TV industry sector
07
Feb