Bloomberg News

Panasonic to Close Czech LCD Panel Factory, Hospodarske Reports

November 01, 2012

Panasonic Corp. (6752), Japan’s second- biggest TV maker, will close a factory producing LCD panels in the Czech Republic by the end of the year, Hospodarske Noviny reported, citing a spokeswoman for the plant.

All 615 employees at the factory will lose their jobs in a region where unemployment is already high, the newspaper said.

To contact the reporter on this story: Peter Laca in Prague at placa@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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