Skyworth, publicly owned and headquartered in China, was founded in 1988 and employs approximately 230 individuals. The company reported $9.1B in revenue as of 2024. Skyworth manufactures consumer electronics, specifically TVs and set-top boxes (STBs).
On March 10, 2026, Panasonic partnered with Shenzhen Skyworth Display Technology to manage its television business in North America and Europe, with the deal covering manufacturing, sales, and marketing set to commence in April 2026. This arrangement grants Panasonic access to Skyworth’s production scale while allowing the Japanese firm to concentrate on high-end OLED development. This strategic move effectively ends Panasonic's domestic TV manufacturing, as Skyworth will also assume logistics for Panasonic-branded televisions in these regions starting April 1, 2026, closing the chapter on Japan-made TV production for the brand.