Apr 30, 2021 07:53 AM (GMT+8) · EqualOcean
Panasonic is making final arrangements to establish a business alliance with TCL and outsource small and medium-sized TV production to the latter, hoping to reach an agreement in May. According to reports, Panasonic expects its internal TV production to drop by as much as 40% from the current level to about 3.5 million units per year. The report also said the company would stop producing TV sets in India and Vietnam as early as this fiscal year.