The Panasonic company provides the technical innovation and manufacturing expertise behind many of the products sold by some of the largest companies in the world. Panasonic technology is the engine powering many Fortune 500 companies and is a leader in B2B solutions for both large corporations and smaller retail electronics providers.
Manufacturing, engineering, research, and development have always been central to this big household name in consumer electronics. Although known widely as a producer of reliable, innovative technologies such as handheld camcorders, plasma screen TVs, and other items, the company is equally ubiquitous behind the scenes in providing connectivity, logistics, and avionics solutions, to name a few.
Consumers and other end-users often remain unaware that the many products they use house Panasonic components and rely on Panasonic technology to function. For example, although a good white consumer electronic item such as a refrigerator may not carry the name Panasonic, the core functionality of the machine may well depend entirely upon batteries, compressors, or other components sourced exclusively from this iconic brand.
Panasonic – Key Facts
Panasonic is a publicly traded company headquartered in Osaka, Japan. They currently employ just under 260,000 people worldwide. The company’s annual revenue for 2020 exceeded 49 trillion JPY with a net income of over 225 billion JPY.
The company is over 103 years old and includes the following subsidiaries:
- Panasonic Avionics Corporation
- Anchor Electricals
- Universal Lighting Technologies
- Sanyo Electric Co., Ltd
- Kawakita Denki Kigyosha
- Panasonic Electric
What Are The 8 Main Panasonic Business Divisions
Lifestyle Updates Business Division
- Household electric appliances
- Household electronic appliance
- Electric and lighting equipment for commercial spaces
- Electric and lighting equipment for living spaces
- In-vehicle infotainment
- In-vechicle electronic
- Automotive motorized system
- Automotive mirrors
- Environmentally conscious vehicle enhancements.
Entertainment & Communication Business Division
- Electronic audio products, solutions, and devices
- Electronic visual products, solutions, and devices
- Communication devices and digital cameras
Housing Systems Business Division
- Housing materials
- Housing equipment
- Smart house solutions
Connected Solutions Company
- Logistics solutions
- Entertainment solutions
- Avionics components and devices
- Distribution and manufacturing B2B business solutions
- FA devices and solutions
- Industrial devices and solutions
- Electronic materials and components
- Industrial batteries
- In-vehicle batteries
- Rechargeable batteries
Operational Excellence Company
- High-quality services professional consulting services
A Brief History of Panasonic
Panasonic is a Japanese electronics company founded in 1918 by Kōnosuke Matsushita to sell lamp sockets. During the 1920s, the company began to release new products regularly. Their first manufacturing facility was founded in 1922 to transition from small-scale retailing to large-scale manufacture and production.
In 1923 the company designed and released a battery-powered, bullet-shaped bicycle lamp. They continued to develop new products throughout this ear, including a square bicycle lamp, various communications media, and electric iron.
In 1931 their research and development allowed them to pioneer the first three tube radios and marked a move into the production field for radio equipment.
A new factory and headquarters office was constructed in Kadoma in 1933. This is also the year in which the production of motorized equipment was launched, leading to the development of the 1/2 horsepower and 3 phase induction motor.
In 1951 the company developed and marketed the agitator-type washing machine, followed by their first TV set, the 17-inch monochrome, in 1952, in cooperation with the Philips corporation. Other products developed and released in the 1950s include electric refrigerators, the five-tube radio, a four-tube portable radio, the automatic rice cooker, tape recorders, and home air conditioning.
In 1959 the Matsushita Electric Corporation of America (MECA) was founded.
The 1960s was an era of expansion, with many overseas facilities being constructed and the introduction of the colour TV set to the company’s large catalogue of consumer electronics. Other notable products released during this time include the fax machine, the microwave oven, and the radio cassette recorder. It was also during the 1960s that the five-day workweek was implemented for Panasonic employees.
The 1970s saw several innovative products, including the VHS Video Tape Recorder, the Thin Radio, and the Paper-thin Battery.
In the 1980s, Panasonic released the CD Player, the VHS Camcorder, and in 1990 they released a Notebook Personal Computer. Other products released in the 1990s included a cellular telephone, rewriteable Optical Disc Recorders, fluorescent light bulbs, lithium-ion rechargeable batteries, DVD Players, a DVD Car Navigation system, portable DVD players, and digital TVs for the United States market.
Since the turn of the century, Panasonic has continued to play a central role in global consumer electronics. In 2003 took the critical step of dividing its extremely diverse portfolio into more coherently identifiable, distinct business domains.
In 2005 Panasonic commenced production for plasma display panels in their Amagasaki plant. Since 2008 their global brand and family of products have been unified under the name ‘Panasonic.’ In 2009 SANYO Electric became a subsidiary company of Panasonic, further growing the company’s family of products and expanding technical expertise.
Today, Panasonic is a leading brand and household name synonymous with reliable quality products in the consumer electronics space.
The Panasonic Product Range
Industrial Electronic Components
- Wireless Connectivity Devices
- Electromechanical Components
- Thermal Management Solutions
- Storage Media
- Circuit Protection
Industrial Automation Products
- Factory Automation Sensors
- Motions Control Devices
- Machine Safety Solutions
- Industrial Automation
- Non-Rechargeable Batteries
- LED Necklights
- Consumer Batteries
- Rechargeable Batteries
- Automotive HVAC Solutions
- Refrigeration Compressors
- Control & Device Solutions
- Air Conditioning Compressors
- Vacuum Insulation
- Radiation Measurement Systems
Panasonic has been a world leader and household name in researching, developing, and producing consumer and industrial electronics for generations. In addition, the company has a history of retail and technical innovation spanning more than a century. Their broad range of devices and solutions find applications in the automotive, manufacturing, avionics, energy, housing, lighting, and consumer electronics industries.
If you require any further information about Panasonic’s range of products or if you would like to make an order, contact us today.