CircuiTree - March 2009 - (Page 16) Don’t manufacture another board until you visit this site: www. clean-machines .com and claim your FREE contamination audit kit that the maker of Viera TVs and Lumix digital cameras is pressing ahead with aggressive restructuring. Panasonic is closing a dry battery plant in the Philippines and an electronic component factory in Malaysia. It is also consolidating its two other Malaysian parts plants into one. Shares in Panasonic ended Monday trade down 3.1 percent at 1,065 yen, outperforming the Tokyo stock market’s electrical machinery index, which lost 3.7 percent. In sharp contrast, Hitachi dived 17 percent to 244 yen after the electronics conglomerate said on Friday it expected to post a record net loss of 700 billion yen for the year to March 31. Hitachi Shares Plunge 17 Percent on Record Loss Warning TOKYO (Reuters) - Shares in Japan’s Hitachi Ltd (6501.T) slid 17 percent to their lowest in 29 years after it shocked investors with a record $7.8 billion annual loss warning and offered a cost-cutting plan that failed to instill confidence in a quick recovery. Hitachi lost $1.9 billion in market value as trading volume spiked to its highest in at least a quarter century. The loss would be the biggest ever by a Japanese manufacturer and put Hitachi in worse shape than rivals such as Sony (6758.T) and Toshiba (6502.T), which have also been hit by the economic downturn and surging yen but have warned of much smaller losses. Investors had thought Hitachi, Japan’s largest electronics maker with about 400,000 employees and products ranging from rice cookers to nuclear reactors, might be in a better position to weather the economic crisis. Hitachi said on Friday it now expects to post a net loss of 700 bil- bnp Trade EDUCATION Showcase your expertise, introduce new products or programs, or suggest new business opportunities. BNP Media provides the editorial, design, and distribution via our leading magazines. CUSTOM MEDIA Custom Media Group creates The BNP custom media solutions using rich content and innovative media to build relationships and t lt Every project iis t k and j t turnkey d create results. E mapped to your marketing goals and budget. BNP Custom Media combines the power of over 60 media brands, extensive vertical market readership, expert editorial and award-winning design into one powerful media package. Custom MAGAZINES Go beyond an expensive catalog and take the lead in your business segment by publishing your own magazine. BNP Media provides the editorial, design, and distribution horsepower; you provide the direction. Commemorative PUBLICATIONS Celebrate anniversaries and milestones with custom publications that tell your story in a rich, colorful way. BNP Media has extensive experience with commemorative books and publications. Integrated MEDIA All BNP Custom Media can be formatted for the Web. In addition, choose from Web-only content and features to target your message and increase your online exposure. FOR MORE INFORMATION CONTACT: Steve Beyer, Director BNP Custom Media O: (847) 516-1977 C: (630) 699-7625 beyers@bnpmedia.com 16 March 2009 • circuitree.com http://www.clean-machines.com http://www.circuitree.com
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