Panasonic to end solar panel production in Malaysia

PThe Nikkei reported that the company will end manufacturing of solar cells and panels at factories in Malaysia and Japan's Shimane prefecture in the business year from April.

TOKYO: Japan's Panasonic Corp will cease production of its own solar panels, national broadcaster NHK and the Nikkei newspaper said on Sunday, citing increasing price competition from Chinese manufacturers.

The Nikkei reported that the company will end manufacturing of solar cells and panels at factories in Malaysia and Japan's Shimane prefecture in the business year from April.