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As Panasonic TVs flicker, new chief offers tough love

TOKYO (Reuters) – In today's world of fast gadgets and fickle consumers, managers at Panasonic Corp, the sprawling, and struggling, Japanese electronics manufacturer, still refer to a 250-year business plan their founder wrote between the two world wars. The 10-generation roadmap exhorted staff to end poverty and make consumer goods as abundant and cheap as tap water – but probably didn't envisage selling millions of TV sets at a loss. Under a new president, 55-year-old Kazuhiro Tsuga, Panasonic is shaping up for a post-TV future, say company executives and industry analysts. …

Quoted from As Panasonic TVs flicker, new chief offers tough love on Gadgets News Headlines – Yahoo! News

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