OSAKA -- Panasonic will withdraw from solar cells and panel production, Nikkei has learned, as the former leading maker now faces fierce competition from Chinese rivals that can produce the items at a lower cost.
Crowded field and less domestic demand cause market share to plummet

A solar farm Panasonic delivered in Hokkaido, Japan.
OSAKA -- Panasonic will withdraw from solar cells and panel production, Nikkei has learned, as the former leading maker now faces fierce competition from Chinese rivals that can produce the items at a lower cost.