Panasonic, also known as Panasonic Corp, is publicly owned and headquartered in Japan. Founded in 1935, the company employs approximately 31,610 individuals and reported $55.9 billion in revenue as of 2024. As a conglomerate focused on appliances, electrical, and electronics manufacturing, the company operates through five main business units: appliances, which includes air conditioners, refrigerators, laundry machines, and TVs; life solutions, covering LED lighting, housing systems, and solar panels; connected solutions, providing PCs, factory automations, and in-flight entertainment systems; automotive, specializing in infotainment systems and rechargeable batteries; and industrial solutions, which focuses on electronic devices.

2024 Revenue

Founded

1935

Headcount

31,609

Headquarters

Japan

Primary Segment

Appliances, Electrical, and Electronics Manufacturing

Ownership

Publicly Owned

Deployments

30

News Summary:

Panasonic announced the launch of the LUMIX G9II digital mirrorless camera with a new sensor and Phase Detection Auto-Focus (PDAF) technology on 12th September 2023. The company also showcased its latest consumer products at IFA 2023 in Berlin from 29th August to 1st September 2023. Panasonic reaffirmed its commitment to greener energy and heating transition in Europe with investments in European heat pump production and hydrogen fuel cell projects. Additionally, Panasonic partnered with Team England wheelchair racing champion Hannah Cockroft to promote environmental sustainability globally. Furthermore, the company introduced the GNW10 Sound Slayer™, a wearable gaming speaker designed to enhance players' gaming experience.

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Panasonic offers 21 products in the media and telecoms services, pro AV and media tech industries. Panasonic's product portfolio comprises of content acquisition, consumer electronics, digital signage and professional display, pro AV audio and conferencing, broadcast professional services and live production.
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Panasonic's revenues were $55.9B in 2024. Caretta Research has split Panasonic's revenue into 14 different product categories, the largest of which is other, which represents 51% of Panasonic's revenue.
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Examples of Panasonic's suppliers include Access Europe, Chyron and Telesat.

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