Panasonic likely to scale-back camera division, says Nikkei

Panasonic is likely to significantly scale-back its camera business, according to a report by Japan's largest business newspaper. The Nikkei Asian Review says the move is one of the proposals of a report prepared by the company's business planning department. Like all large electronics makers, Panasonic has found it hard to make profit in an industry with increasingly tight margins. The report puts forth ways to rationalize and reorganize its business units to focus on the company's areas of gre...