Toyota, Panasonic form joint venture in housing for Japan

Japanese automaker Toyota and electronics giant Panasonic are forming a joint venture combining their housing businesses in Japan to showcase technologies such as connected cars and the internet of things.

Toyota, Panasonic announce venture for green auto batteries

Toyota Motor Corp. and Panasonic Corp. say they are setting up a joint venture to research, manufacture and sell batteries for ecological autos, an increasingly lucrative sector amid concerns about global warming.

Panasonic first-half profit sags on higher costs

Japanese electronics giant Panasonic said Wednesday first-half net profit slipped on higher costs linked to a factory it runs with US electric carmaker Tesla, though sales rose thanks to growth in automotive products and ...

Panasonic fined $280 mn by US in bribery scheme

Panasonic will pay $280 million in fines to settle charges over bribes to an employee at government-owned airline to win business for its aircraft electronics unit, US authorities announced Monday.

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Panasonic Corporation

Panasonic Corporation (パナソニック株式会社, Panasonikku Kabushiki-gaisha?) (TYO: 6752 NYSE: PC), formerly known as Matsushita Electric Industrial Co., Ltd., is a multinational corporation based in Kadoma, Japan. Its main business is in electronics manufacturing and produces products under a variety of names including Panasonic and Technics.

Since its founding in 1918, it grew to become the largest Japanese electronics producer. In addition to electronics, Panasonic offers non-electronic products and services such as home renovation services. Panasonic was ranked the 59th largest company in the world in 2007 by the Forbes Global 500 and is among the Worldwide Top 20 Semiconductor Sales Leaders.

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