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Panasonic cuts fiscal 2025 profit forecast amid weak US EV battery market

Jen-Chieh Chiang, Taipei; Jingyue Hsiao, DIGITIMES Asia 0

Credit: AFP

Panasonic Holdings has revised down its operating profit forecast for fiscal year 2025 by 13.5%, primarily due to reduced profitability in its energy business segment that includes electric vehicle (EV) battery operations. The company supplies batteries...

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