Page last updated at 18:32 GMT, Wednesday, 4 February 2009

Strong yen hurts Panasonic

Panasonic is expected to make a net annual loss of more than $4.2bn and is planning to cut 15,000 jobs.

The world's biggest manufacturer of consumer electronics is blaming the loss on a drop in sales of flat screen televisions and the strength of the Japanese Yen.

Roland Buerk reports from Tokyo.


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