Panasonic are well on the way to having a good year this year. As well as having some great new products out on the market including the TC400 business phone system, Panasonic have taken a leaf out of Sony’s book and taken to reducing costs in order to improve profits. By restructuring and outsourcing to cut costs, Panasonic can expect a greater profit margin this winter although the company said that they don’t expect too swift a recovery from the recent recession.