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Panasonic was founded in 1918 by Konosuke Matsushita. It was called Matsushita Electric Housewares Manufacturing Works. They started with fan insulator plates and quickly developped an attachment plug and a two-way socket. The Panasonic brand was found 1955 to market Matsushita products world-wide. The Panasonic brand was created from the elements "pan" - meaning "all" - and "sonic" - meaning "sound" - because it was first used for audio equipment. Panasonic also sold the first bread machine. Since 2008, it is used as the corporate brand representing the Company, products and services.
During World War II the company operated factories in Japan and other parts of Asia which produced electrical components and appliances such as light fixtures, motors, electric irons, wireless equipment and its first vacuum tubes.
After the war, Panasonic regrouped as a Keiretsu and began to supply the post-war boom in Japan with radios and appliances, as well as bicycles. Matsushita's brother-in-law, Toshio Iue, founded Sanyo as a subcontractor for components after World War II. Sanyo grew to become a competitor to Panasonic, but was later acquired by Panasonic in December 2009.
In 1961, Konosuke Matsushita traveled to the United States and met American dealers. The company began producing television sets for the U.S. market under the Panasonic brand name, and expanded the use of the brand to Europe in 1979.
The company used the National brand outside North America from the 1950s to the 1970s (the trademark could not be used in the United States because it was already in use by the National Radio Company in a closely related product area). It sold televisions, VHS VCRs, high fidelity stereo receivers, multi-band shortwave radios and marine radio direction finders, often exported to North America under various U.S. brand names, such as Technics, Emerson, Curtis Mathes and of course Panasonic. The company also developed a line of home appliances such as rice cookers for the Japanese and Asian markets. Rapid growth resulted in the company opening manufacturing plants around the world.
The company debuted a hi-fidelity audio speaker in Japan in 1965 with the brand Technics. This line of high quality stereo components became worldwide favorites, the most famous products being its turntables, such as the SL-1200 record player, known for its high performance, precision and durability. Throughout the 1970s and early 1980s, Panasonic continued to produce high-quality specialized electronics for niche markets such as shortwave radios, and developed its successful line of stereo receivers, CD players and other components.
By 2013, Panasonic divided itself into four companies based on its four primary business divisions: appliances, eco solutions, AVC networks and automotive and industrial systems.
In July 2014, Panasonic announced it would invest more than a quarter-billion dollars in Tesla Motors’ planned Gigafactory battery plant. It supplies the batteries for Tesla models S, X & 3.
The company has also partnered with the City of Denver to implement smart city technologies related to energy efficiency, internet connectivity, transportation and more.
In March 2017, the company self-reported that it employed 257,533 people. Its 10-year vision includes various emerging technologies, from Internet of Things/robotics to energy.
Panasonic Corporation is comprised of various business domain companies, from AV to home appliances, to industrial solutions and other consumer electronic products.
Panasonic is the principal brand name of the Japanese electronics manufacturer Panasonic Corporation. The company sells a wide range of products under the brand worldwide, including plasma and LCD televisions, DVD and Blu-ray Disc recorders and players, camcorders, telephones, vacuum cleaners, microwave ovens, shavers, projectors, digital cameras, batteries, laptop computers (under the sub-brand Toughbook), CD players and home stereo equipment, fax machines, scanners, printers, electronic white-boards, electronic components and semiconductors.
Panasonic has put forward the brand slogan “A Better Life, A Better World” to embody its founding management philosophy “to contribute to the progress and development of society through its business activities.” Guided by this slogan, the Company is endeavoring to offer “A Better Life, A Better World” to each and every customer around the world.
PRODUCT CATEGORY
HOME & KITCHEN
Home Appliances
- Fans
- Pressing Irons & Boards
- Freezer
- Vacuum Cleaners
Air Conditioners
- Split Units AC
- Windows AC
- Standing AC
- Ceiling Cassette AC
- Ceiling Concealed & Duct AC
Kitchen & Dining
- Blenders & Choppers
- Toasters & Bread Makers
- Cookers
- Kettles & Jugs
- Mixers & Extractors
Special Air Conditioner
- Ionizer AC
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