Panasonic Closes Solar Cell Factory in Hungary, M'sian one stays open


TOKYO: Japan's Panasonic Corp <6752.T> plans to shut down its sole European solar cell plant next March and dismiss about 500 workers at the factory, the Nikkei reported.

The Hungarian factory will end production in September, leaving the company with one solar cell plant each in Japan's Osaka and Shiga prefectures and another in Malaysia, the business newspaper said.

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