Canon cuts profit forecast on first annual drop in high-end camera sales

(Reuters) - Japan's Canon Corp cut its operating profit outlook for the second quarter in a row, below analysts' estimates, warning that sales of its signature high-end cameras will fall this year for the first time since their launch in 2003.

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Ericsson turnaround hopes hit by weaker U.S., Japanese demand

(Reuters) - Ericsson's turnaround drive was thrown into doubt on Thursday as the world's biggest mobile networks maker missed third-quarter profit forecasts and said sales were coming under pressure in the United States and Japan.

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Riches in niches: U.S. cops, in-flight movies may be model for Panasonic survival

                          
(Reuters) - Panasonic Corp's answer to the brutal onslaught on its TV sales may be in a product the Japanese firm launched 17 years ago and which is a must-have for U.S. police cars.

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Sony stops shipping the PlayStation 2 in Japan after nearly 13 years

                                               
According to Japanese publication Famitsu, Sony has halted shipments of the PlayStation 2 in Japan this week, leaving local retailers with their final quantities of the iconic console. It's unclear whether Sony has immediate plans to stop shipments in other regions as well, though some believe the system will continue to be readily available in many developing countries where the machine remains popular for its affordability and library.

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Sony at greater risk than Panasonic in electronics downturn: Fitch

 
(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.

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