Matsushita

Matsushita reduces pain over battery gaffe

Japanese manufacturer Matsushita possibly eased some jittery nerves with the announcement that the replacement of 46 million faulty phone batteries will cost less than expected. Nokia issued an advisory on the faulty batteries last week, after reports of overheating came flooding in. The product advisory applies to the 46 million Nokia-branded BL-5C battery manufactured by […]

Nokia escapes bad battery blame

Nokia, the world’s largest handset vendor, said Friday that Japanese partner Matsushita has agreed to cover the direct costs related warning over 46 million faulty phone batteries. The news should give some relief to the company’s shareholders as some analysts expect the replacement procedure to cost some $1.2bn. Nokia issued an advisory on 46 million […]

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