Panasonic Corporation, formerly known as Matsushita Electric Industrial Co. Ltd, is a multinational electronics corporation headquartered in Japan. It was formed in 1918. In addition to electronics, it offers non-electronic products and services such as home renovation services. Panasonic is the world’s fourth-largest television set manufacturer. The brand name Panasonic was created in 1955 which only had audio speakers in its product line. Now the company has a wide range of products incorporated with breakthrough technologies like artificial photosynthesis, photocatalytic purification technology using thermoelectric tubes and so on.
Panasonic is committed to research and development, delivering customer values in wide-ranging areas which includes customer electronics, housing, automotive, business to business solutions and devices.
Panasonic lays stress on competitive pricing, product quality & safety and cost reduction programmes.
1. 469 consolidated companies including the parent company
2. Net sales of 7,715.0 billion yen (2014)
3. World’s fourth largest television set manufacturer