Panasonic will optimize semiconductor business
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As usual, cuts and outsource will follow.
http://panasonic.net/ir/vision/pdf/20130918_vision_note_e.pdf
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Taiwan-based Advanced Semiconductor Engineering's (ASE) is likely to take over Panasonic's IC backend sites overseas, according to a recent Chinese-language Commercial Times report.
The report came on the heels of a Nikkei report indicating Panasonic is looking to downsize its chipmaking unit by slashing the workforce by half and possibly selling some of its plants.
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