UPDATE 2-Sanyo back in black in Q3, Pioneer's profit falls

Newswire

(Adds details) TOKYO, Jan 31 (Reuters) - Struggling electronics maker Sanyo Electric Co. said on Tuesday it swung back to profit in the latest quarter on brisk sales of batteries, but it reiterated its forecast for a massive full-year loss. Sanyo also announced that it would liquidate its organic light-emitting diode (OLED) display joint venture with Eastman Kodak and that it formed a tie with Germany's Volkswagen AG to jointly develop batteries for hybrid cars. Pioneer Corp. , another ...

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