Panasonic closes factory making batteries for cameras

Vitaliy_Kiselev

Japanese electronics giant Panasonic Corp on Thursday said it will stop making lithium-ion batteries at its factory in Beijing this month, cutting 1,300 jobs as part of a move to focus on higher-margin products such as electric car batteries.

The 15-year-old plant produces batteries for simple mobile phones and digital cameras, both of which are being increasingly overtaken by smartphones in popularity.

http://www.businessinsider.com/r-panasonic-to-shut-battery-factory-in-beijing-cut-1300-jobs-2015-8#ixzz3kHY1tUB5

karl

What a weird world we live in where a plant producing batteries is said to be specialized in batteries for "simple mobile phones and digital cameras", as in contrast to "smartphones", while the battery technology and chemistry is the same for all of them. They probably just don't want to tell the true reasons.

Vitaliy_Kiselev

They probably just don't want to tell the true reasons.

True reason is that in Thailand and other countries you can get people for cheap :-)

jleo

Camera batteries are pretty high margin, but maybe more people are buying third party ones!

Vitaliy_Kiselev

Last long time, almost(but not always!) no exploding in camera :-)

Mihuel

Pornosanic? Fap, fap, fap... ?

Vitaliy_Kiselev

In Russia Panasonic frequently is called Pornoslonik.

jleo

Our Pornosanic Company motto: Saving World lots Money. Not hiring Engrish Guy!

http://www.engrish.com

davidlawson

Bad news,hope the 1300people get new work

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