According to Japanese media reports, Matsushita will significantly reduce the semiconductor business, and plans to cut about 14,000 employees in the department to about half by 2014, mainly for employees engaged in semiconductor business in its overseas factories. Early domestic retirement has been implemented in Japan and the remaining personnel will be allocated to other departments.
Due to the reduction of employees, it is estimated that the fiscal year 2013 (as of March 2014) will require 50 billion yen (approximately RMB 3.151 billion) in structural reform costs.
At the same time, Panasonic will also negotiate with overseas companies to sell some of its factories, and Panasonic's main production bases in Japan, Yujin, Libo and Xinjing, will also face consolidation or closure.
In the future, Matsushita will shift the core of semiconductor development from digital home appliances such as TVs and telephones to high-value-added vehicles and industrial equipment. Based on the company's technical strength in power semiconductors and sensors for controlling power, it will increase sales to improve performance.
According to the reporter's understanding, Panasonic's choice has a great relationship with the overall decline of the Japanese semiconductor industry. In the fierce price competition with Korean companies, the operation of Japanese semiconductor manufacturers has deteriorated greatly, and they have fallen into splitting and merging. And the situation of the acquisition. Affected by Panasonic's restructuring, Japan's semiconductor industry will be further compressed.
According to Wu Xianjian, secretary-general of the National Consumer Electronics Channel Alliance, Matsushita’s cuts, including the previous formal withdrawal from the personal smartphone market and the proposed “subtraction†strategy of withdrawing from plasma TVs, are the transformation of the company and ultimately the realization of Panasonic’s “2018â€. The necessary stage of the green plan. It is reported that the "2018 Green Plan" has become the core plan of Panasonic's strategic transformation since the fiscal year of 2010. The main purpose of the plan is to protect the environment in the first place to achieve business innovation.
"In order to achieve the ultimate goal, Panasonic's performance in the first quarter of fiscal 2013, Panasonic's series of strategies is effective, coupled with the yen's decline, both benefit Panasonic and profitability." Senior industry insiders BobLee told reporters.
Panasonic's first quarter fiscal year 2013 report showed that pre-tax profit was 122.6 billion yen (about 7.65 billion yuan), compared with 37.8 billion yen (about 2.36 billion yuan) in the same period last year; net profit was 107.8 billion yen (about 6.7 billion yuan, compared with 12.8 billion yen (about 800 million yuan) in the same period last year, an increase of 742%.
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