Panasonic losing in 3-D TV battle
Panasonic Corp., the world’s largest maker of plasma televisions, said it might fail to meet its sales target for 3-D sets after Samsung Electronics Co. unleashed an “unexpected” price war in the United States. “No one can keep up” with price cuts by Samsung in the world’s biggest TV market, said Yoshiiku Miyata, the head of Osaka-based Panasonic’s TV business.
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