Panasonic Corporation
Panasonic Corporation is a Japanese multinational electronics company founded in 1918. It designs and manufactures consumer electronics, appliances, industrial systems, batteries and other technology solutions worldwide.
Overview
Panasonic Corporation is a long-established Japanese multinational that designs and manufactures a wide range of electrical and electronic products. Founded in 1918 by Konosuke Matsushita, the company grew from a small workshop into a global conglomerate. Today it operates in consumer electronics, home appliances, industrial equipment and business-to-business solutions while selling products under the Panasonic name and other brands.
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10 ImagesKey characteristics and product areas
Panasonic’s portfolio spans many markets. Major product categories include televisions and audio equipment, home appliances such as refrigerators and washing machines, digital imaging and camera systems, rechargeable batteries and energy solutions, automotive components and industrial devices. The company serves both retail consumers and enterprise customers, supplying complete systems as well as components.
- Consumer electronics: TVs, audio, cameras (Lumix) and personal electronics.
- Home appliances: kitchen and laundry products, climate control.
- Energy and automotive: batteries, power solutions and vehicle electronics.
- Industrial and B2B: electronic components, factory equipment and building systems.
History and development
The company was established by Konosuke Matsushita in 1918 and operated for many decades under the corporate name Matsushita Electric Industrial Co., Ltd. That name remained in use through the 20th century before the organization adopted the unified trading name Panasonic Corporation in 2008. Over the years Panasonic expanded internationally, diversified its product lines and incorporated other technology businesses to broaden its capabilities.
Uses, significance and distinctions
Panasonic is notable for combining consumer-facing products with industrial and commercial offerings, making it a supplier to households and to manufacturers and infrastructure projects. Its batteries and automotive electronics are used by vehicle makers, while its appliances and audiovisual products are sold directly to consumers. The company balances branded retail products with large-scale industrial contracts.
Notable facts and corporate culture
Panasonic is headquartered in Osaka, Japan, and has a long history of manufacturing and management practices shaped by its founder’s philosophy. It is a publicly traded multinational with a global workforce and manufacturing footprint. For more general corporate information see the company’s profile as an electronics company or consult broader resources on consumer electronics.
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Author
AlegsaOnline.com Panasonic Corporation Leandro Alegsa
URL: https://en.alegsaonline.com/art/74319
Sources
- panasonic.co.jp : "松下電器産業株式会社が「パナソニック株式会社」に社名変更"