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Skyworth will take over Panasonic's TV business in North America and Europe
On February 24, a Panasonic representative told reporters that Panasonic has signed an agreement with Skyworth. Starting in April, Panasonic will transfer its TV sales operations in Europe and North America to Skyworth Group. A year ago, Panasonic Holdings stated that for problematic businesses, including the TV business, they are considering options such as sale or exit to achieve a fundamental transformation of the profit structure. (First Financial)