Filed under: TECHNOLOGY | Tags: Blu-ray Disc, Business, Consumer electronics, DVD, Electronics, Fiscal year, Panasonic Corporation, Wall Street Journal
The one-two punch of a global slump in demand and a strong yen that makes Japanese products less attractive to importers has led Panasonic Corp. to forecast a $4.3 billion loss for the fiscal year that ends March 31. As a result, the consumer-electronics giant said it would cut 15,000 jobs, about 5% of its work force. 
ClipSyndicate/New York Financial Press (2/4) , The Wall Street Journal (2/5) , Reuters (2/4)![[Panasonic Gloomy Outlook]](image014.gif@01C987C2.AE824D30)
Game consoles are turning out to be the most popular nexus point for consumer-electronics devices connected to a home network, according to a new study from research firm In-Stat. The study went on to say that, in the future, Blu-ray and DVD players — and not personal computers — will become more important conduits in the networked home. Cartt News Service (subscription only) (2/4)
While demand for low-cost, no-frill netbook computers seems to be on the rise, the number of people considering a notebook computer is ebbing, according to a survey by ChangeWave. In the survey, the number of respondents who said they plan on buying a notebook in the next 90 days fell from 8% last November to just 6%. CNET (2/4)
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