Matsushita: Defying the Skeptics
With the global economic outlook looking none too promising, is Matsushita Electric Industrial's TV business in need of a reality check? Japan's largest consumer-electronics company has big plans to boost revenue, increase overseas sales, and sharpen its profile globally by changing its name to that of its most recognized brand Panasonic (BusinessWeek, 1/10/08). In recent weeks, some pessimistic analysts have alerted investors that the company couldn't possibly keep up its torrid pace of expansion.
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