{"id":46872,"date":"2012-04-01T08:51:13","date_gmt":"2012-04-01T06:51:13","guid":{"rendered":"http:\/\/mybroadband.co.za\/news\/?p=46872"},"modified":"2012-04-02T09:25:10","modified_gmt":"2012-04-02T07:25:10","slug":"panasonic-moving-mobile-production-abroad","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/cellular\/46872-panasonic-moving-mobile-production-abroad.html","title":{"rendered":"Panasonic moving mobile production abroad"},"content":{"rendered":"<p>Japanese electronics giant <a title=\"Panasonic Corporation\" href=\"http:\/\/mybroadband.co.za\/vb\/showthread.php\/365410-Panasonic\">Panasonic Corp<\/a> is expected to shift all production of its mobile phone handsets abroad as early as this summer as it looks to re-enter overseas markets this fiscal year, the Nikkei daily said on Sunday.<\/p>\n<p>Panasonic, which is to post a record loss of 780 billion yen ($9.7 billion) for the business year ended on Saturday, still makes about half of its handsets in Japan and will become the first Japanese maker to produce all of its handsets abroad.<\/p>\n<p>The production shake-up comes after the struggling company named the head of its loss-making TV business, Kazuhiro Tsuga, 55, as its new president in February.<\/p>\n<p>Panasonic sold around 5 million handsets in the just-ended fiscal term, making it the No. 3 domestic manufacturer behind <a title=\"Sharp Corp\" href=\"http:\/\/mybroadband.co.za\/vb\/showthread.php\/383683-Sharp\">Sharp Corp<\/a> and <a title=\"Fujitsu Ltd\" href=\"http:\/\/mybroadband.co.za\/news\/images\/20216-Fujitsu-Lifebook-P771.html\">Fujitsu Ltd<\/a>, Nikkei said.<\/p>\n<p>The newspaper said the production from the Shizuoka factory &#8211; which accounts for nearly half of the firm&#8217;s output &#8211; will be moved to Beijing and Malaysia and some will be outsourced to overseas manufacturers.<\/p>\n<p>Production of certain domestic models may remain in Japan, it said.<\/p>\n<p>Panasonic pulled out of overseas markets in 2005 but it plans to re-enter them in April, introducing smartphones in Europe, said the newspaper, adding it hopes to triple its unit sales to 15 million by fiscal 2015\/16, with 9 million coming from abroad.<\/p>\n<p>Sharp Corp<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japanese electronics giant Panasonic Corp is expected to shift all production of its mobile phone handsets abroad as early as this summer as it looks to re-enter overseas markets this fiscal year, the Nikkei daily said on Sunday.<\/p>\n","protected":false},"author":340871,"featured_media":43809,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[14],"tags":[36,1349,2480,6857],"class_list":["post-46872","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cellular","tag-active","tag-fujitsu","tag-panasonic","tag-sharp"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/46872"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/340871"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=46872"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/46872\/revisions"}],"predecessor-version":[{"id":46904,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/46872\/revisions\/46904"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/43809"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=46872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=46872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=46872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}