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Matsushita to cut production costs and increase its sales in China

Compiled from outside sources by Lisa Tsai, Research Center; Carrie Yu, DIGITIMES Asia 0

Matsushita Electric Industrial plans to decrease its operating costs within the China market 10-20% and achieve a China sales goal of one trillion yen (US$9.2 billion) and operating margins of 10% in fiscal year 2006 (April 2006-March 2007), according...

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