Better than three of the most famous electronics multinationals have been in red in their respective latest fiscal years, i.e. either 2011 or 2010. And they are Philips (HQ in Netherlands), Sony (HQ in Japan), Panasonic (HQ in Japan), and JVC Kenwood (HQ in Japan), to my incomplete knowledge.

The electronics industry has been a tough one to be in since the early 2000s, my impression tells me.