enter easing cycle in China a-shares are expected to rebound

Panasonic report was delayed out of energy subsidies one of the first color TV list Energy-saving home appliances subsidies announced this week the first directory in the list of 15 finalists companies, Panasonic's unexpected defeat. Panasonic one insider told the business daily yesterday said that reported late, didn't have time, Panasonic is now declared the second batch directory, declare their products not only with plasma, also have LCD TV. One industry source said, Panasonic ChinaHuimin policy understanding, tender bids, energy-saving production estimates are not in place. Matsushita home appliances to the countryside before color TV not shortlisted in the first round of bidding. Second batch of energy-saving TV will invite tenders in July this year, is expected in August opening, which means that the Panasonic TV access to energy conservation subsidies will be 2 months later than most of the peer. Panasonic Plasma flag banner, but LCD has become the world of flat-panel TVsStream. Therefore, Panasonic is also changing the TV policy, gradually withdraw from plasma, turns focus to the LCD TV. These industry sources, China market, Panasonic plans to reduce the proportion of sales of plasma TVs this year to less than 40%, LCD TVs are increased to more than 60%; planned plasma TVs, domestic sales of 200,000 units this year, 500,000 in LCD TV sales ~60Taiwan. Facing the plasma TV market contraction, as soon as possible in order for the TV business turnarounds, Panasonic announced last year the global plasma television Panel plant "three in one", which in Japan, two factories and a factory in China to be merged, only in Japan retain a plasma plant in order to improve profitability. "Panasonic Plasma Panel line in Shanghai, September will be discontinued. "This industrySources, the current Panasonic Plasma television assembly plant in Shanghai, there is LCD TV assembly plant in Shandong province. Plasma panel line in Shanghai after the cut off, don't exclude color TV assembly plant will stop production in Shanghai. Panasonic color TV Assembly business was expected to move all to factory of Shandong province. Energy-saving TV list of reasons for missing the first, Matsushita Electric (China) limited communications relatedWho said yesterday that there is no official reaction. She said, never heard of plasma panel line in Shanghai in September cut off message. Owell consulting data, annual sales of more than 40 million units in China color TV, Panasonic 2% per cent share. 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