The rise of the LED, the depreciation of the yen, Indonesia, Indonesia, put out the lights"

The Nikkei news reports, Panasonic plan this month before the end stop in Indonesia production of fluorescent lamps, the Indonesia factory will be sent about 700 employees; this is one of the Panasonic this year to enhance the profitability of low profit enterprise reform measures.

Lighting, including bulbs and fluorescent lamps used to be the Panasonic's golden rooster, but the growing popularity of LED lights so that the company had to re-examine the old lighting business. In addition, Panasonic about 90% of the production of fluorescent lamps in Indonesia are sold to Japan, while the depreciation of the yen to erode sales profits.

Panasonic has taken a series of steps to streamline the business, including the division of the fluorescent lamp and bulb manufacturing business in April 2014 to become an independent company. The decision to suspend production in Indonesia is also part of the process of change. In addition to production in Indonesia, Panasonic will be in Japan and China and the production of the whole, and consider the sale of the Indonesian plant and land.

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