'Intense competition' from China, S. Korea forces Panasonic to quit chip business

📆 28/11/2019 07:50 a. m.
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Former global chipmaking powerhouse says it is offloading loss-making subsidiary. FMTNews Panasonic China Korea

November 28, 2019 5:46 PM

It marks the end for a once-iconic Japanese business, with Panasonic seen as a global chipmaking powerhouse in the 1980s and 1990s.

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