Panasonic reports more than 8-fold increase in April-June net profit, buoyed by weak yen

  • by: ELAINE KURTENBACH , AP Business Writer
  • Updated: July 31, 2013 - 5:20 AM

TOKYO — Japanese consumer electronics giant Panasonic Corp. said Wednesday its quarterly earnings surged more than eight-fold, helped by the weaker yen and a one-time boost from a change in its corporate pension scheme.

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