Panasonic Targets 1.4 Trillion Yen in AI Infrastructure Sales by 2029

MT Newswires Live06-09

Panasonic (TYO:6752) aims to nearly triple AI infrastructure sales to almost 1.4 trillion yen by the fiscal year ending March 2029, driven by enhanced products and increased production.

The company intends to invest 500 billion yen to improve its devices and systems, as well as expand production, according to an investor day presentation by group CEO Yuki Kusumi on Monday.

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