consumer electronics

Voices

Panasonic Posts Another Full-Year Loss

Daisuke Wakabayashi, Reporter, The Wall Street Journal in News on May 10 at 4:04 am PT

Panasonic Corp. Friday posted net losses exceeding ¥750 billion ($7.4 billion) for the second straight year, dragged down by hefty restructuring charges aimed at fixing its ailing electronics business.

Voices

Sony Surprises Optimists With Loss

Daisuke Wakabayashi, Reporter, The Wall Street Journal in News on February 7 at 6:30 am PT

Sony Corp. posted an unexpected quarterly loss on Wednesday, demonstrating the depth of the problems facing its electronics business and deflating a sense of optimism that was reflected in a recent share-price rally.

Voices

Philips Exits Consumer Electronics

Robert Van den Oever, Reporter, The Wall Street Journal in News on January 29 at 10:06 am PT

Philips Electronics has drawn a line under its long history as a consumer-electronics company after failing to compete successfully with the likes of Apple Inc., Samsung Electronics Co. and Sony Corp. in the fast-moving industry.

Voices

Asia’s Electronics Giants Jump Into Health Care

Juro Osawa, Reporter, The Wall Street Journal in News on January 29 at 7:30 am PT

As Asian consumer electronics makers look beyond gadgets for new revenue opportunities, there’s one area that many are finding attractive: Medical equipment.

Voices

Best Buy’s U.S. Holiday Sales Come in Flat

Joan E. Solsman, Reporter, The Wall Street Journal in Commerce on January 11 at 11:03 am PT

Best Buy Co.’s holiday sales fell despite a surprisingly resilient showing in the U.S., and the consumer-electronics retailer said its cash flow continues to weaken.

Voices

For Sale in Japan: Electronics Assets

Daisuke Wakabayashi and Kana Inagaki, Reporters, The Wall Street Journal in News on December 24, 2012 at 7:00 am PT

Panasonic Corp. said Friday it agreed to sell the digital-camera business it inherited in its 2009 acquisition of Sanyo Electric Co. to a Japanese private-equity firm. The deal is symbolic of how Japan’s struggling consumer-electronics companies are setting aside years of resistance to get serious about shedding nonessential assets and streamlining their sprawl of operations.

Voices

Panasonic Posts Loss of Nearly $9 Billion

Juro Osawa and Kana Inagaki, Reporters, The Wall Street Journal in News on October 31, 2012 at 6:30 am PT

In one of the biggest quarterly losses ever for a Japanese company, Panasonic Corp. reported a net loss approaching $9 billion for the three months through September due mainly to massive restructuring costs.

Voices

Best Buy CFO to Step Down

Nathalie Tadena, Reporter, The Wall Street Journal in Commerce on October 9, 2012 at 2:18 pm PT

Best Buy Co. said Chief Financial Officer Jim Muehlbauer is leaving the company in the latest executive change at the consumer-electronics chain.

Voices

Carlson Chief to Take Best Buy’s Top Job

Anupreeta Das and Sharon Terlep, Reporters, The Wall Street Journal in News on August 20, 2012 at 3:35 am PT

Best Buy Co. Monday said it has chosen a new chief executive to lead the company as it struggles with falling sales and manages a public back-and-forth with founder Richard Schulze, who proposed to take the retailer private earlier this month.

Voices

Panasonic Returns to Profit

Daisuke Wakabayashi, Reporter, The Wall Street Journal in News on July 31, 2012 at 5:32 am PT

On the heels of recording its largest-ever annual loss, Panasonic Corp. said Tuesday that it returned to profit in the first quarter, boosted by cost cuts that helped stem the bleeding of red ink at its flat-panel television business.