https://www.reuters.com/article/us-panasonic-results/panasonic-posts-bigger-than-expected-44-slump-in-first-quarter-profit-idUSKCN1UQ0Q4

Japan's Panasonic Corp reported on Wednesday a sharper than expected 44% plunge in first-quarter operating profit, as Sino-U.S. trade tensions dampened demand for its auto components and factory equipment in China.