Panasonic & Toshiba Restructuring its Business in Indonesia – Indonesia Investments (press release)
Rachmat Gobel, President Commissioner of the Panasonic Gobel Group (the local unit of Japan-based Panasonic Corporation), said the group needs to restructure its business in order to strengthen its business model. Amid weakening demand for the energy efficient compact fluorescent lamp (CFL) and growing global demand for light emitting diode (LED), the group decided to…