OSAKA, Japan -- Matsushita Electric Industrial Co., Ltd. (NYSE: MC), best known for its Panasonic brand, announced plans to discontinue operations at its subsidiary Panasonic AVC Networks Germany GmbH PAVCG at the end of March 2007, after which it will begin closing/liquidation procedures.
Seiko Instruments SII announced that its subsidiary SII Nanotechnology and Panasonic AVC Networks, a Matsushita Electric (TSE: 6752) affiliate, have jointly developed an advanced system, especially designed for use at production facilities, to automatically measure hazardous substances.
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