Panasonic racks up a record loss for 2012 , Updated news for the Panasonic Company 2012 the news talk about the Panasonic racks up a record loss for 2012, looks forward to profits and a partner for OLED TVs the earning of Panasonic Company compared last 2011 is actually billion loss according to the company the number one ncoming president Kazuhiro Tsuga's list is turning around the company's TV division, where its heavy investments in both plasma and LCD manufacturing resulted in heavy losses.
Currently the company expects a better result in both next year after 2011's write downs and restructuring, although its projections see total sales falling from 17.3 million last year to 15.5 million.