Pioneer to ally with Matsushita

[riky]

Pioneer to ally with Matsushita
Submitted Monday, June 05, 2006 @ 04:18 PM
Pioneer company information - ( Pioneer News )
Matsushita company information - ( Matsushita News )
forbes.com -- Pioneer Corp will stop developing DVD recorders on its own, as stiff price competition is causing the firm to lose money in this segment and is looking to link up with Matsushita Electric Industrial Co to cut costs, the Nihon Keizai Shimbun reported, company sources said Saturday. . See the complete story here.


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