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Panasonic 'prepared to sell TV business,' says president

Summary by Nikkei
OSAKA -- Panasonic Holdings will consider selling or scaling down its struggling TV business as it pursues a group restructuring to enable faster deci

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Read the original note in the following link: There would be the possibility that Panasonic would sell its Panasonic TV division could be close to withdrawing from the TV market, according to Japanese media reports quoting the company’s president, Yuki Kusumi. Although there is still no final decision, the company would be considering selling its Smart TV division or significantly reducing its operations in this sector. Kusumi himself has stated…

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Nikkei broke the news in Japan on Tuesday, February 4, 2025.
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