• SHARE

Matsushita Electric Industrial Co. said Friday its pretax profit for the October-December quarter jumped 70 percent, driven by robust sales of flat-screen TVs and DVD recorders.

Stronger-than-expected sales of digital consumer electronics products prompted the Osaka-based company to raise its full-year net profit estimate to 35 billion yen from 30 billion yen.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW