[Reuters] Sony at greater risk than Panasonic in electronics downturn: Fitch

Posted by: UGN Security

[Reuters] Sony at greater risk than Panasonic in electronics downturn: Fitch - 11/23/12 12:42 AM

TOKYO (Reuters) - Panasonic Corp has a better chance than rival Sony Corp of surviving Japan's consumer electronics slump because of its unglamorous but stable appliance business of washing machines and fridges, credit rating agency Fitch said Friday.