107-year-old Panasonic at risk of being forgotten

Once a global electronics icon, Panasonic is now struggling to restructure, cutting 10,000 jobs and facing decade-long pressure to fall behind.

Panasonic used to be a famous brand but now its market capitalization is only 25 billion USD after 10 years.

While Sony and Hitachi have grown strongly, Panasonic is still struggling to find a direction.

In May, the company announced plans to cut 10,000 jobs and streamline its product portfolio.

Investors say Panasonic needs a clearer strategy to regain trust.

Technological gems like EV batteries and in-flight entertainment systems are still underutilized.

Many investment funds have been eyeing the business segments of the Japanese corporation.

Management bets on AI, software and automation to create revenue boost.

If Panasonic does not dare to radically restructure, the risk of being forgotten is only a matter of time.

Dear readers, please watch the video : TCL introduces self-cleaning air conditioner, full of technology for less than 10 million.

Source: https://khoahocdoisong.vn/panasonic-107-tuoi-dung-truoc-nguy-co-bi-lang-quen-post2149051491.html