Panasonic Redirects Its Energy

Panasonic announced plans to invest more on rechargeable batteries, solar panels and other green energy products over the next three years while scaling back capital spending for television and other home electronics.

TOKYO—Signifying a shift in strategy away from consumer electronics, Panasonic Corp. announced plans to invest more on rechargeable batteries, solar panels and other green energy products over the next three years while scaling back capital spending for television and other home electronics.

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