Matsushita Looking Closely at JVC

This is a little egg-headed, but it looks like Matsushita is having some trouble with its JVC and cellphone units. JVC, the venerable TV and camcorder maker, is actually part of Matsushita and it seems that the smaller company is actually competing directly with some of the umbrella company's other units, especially in TVs. Unfortunately, JVC is posting losses pretty regularly so it's possible the brand might get cut completely.

We'll keep our eye on this one because it would be a pretty big deal if a seeming behemoth like JVC shakes out of an even bigger behemoth like Matsushita.

Matsushita To Decide JVC's Fate [Reuters via Extremetech]