Although earlier today we reported that Sharp working towards obtaining another major loan of about $1.5 billion, the company today posted biggest ever...

According to Reuters, Japanese consumer electronics Panasonic Corporation is likely to forecast a record net annual loss of more than $9.2 billion. Panasonic’s is following the suite as per from rivals Sony Corp and Sharp Corp which results in for a combined losses of $6.7 billion. “Panasonic, like Sharp and Sony, has structural problems,” said Makoto Kikuchi,...