- published: 05 Apr 2016
- views: 118
Panasonic Corporation (パナソニック株式会社, Panasonikku Kabushiki-kaisha?), formerly known as Matsushita Electric Industrial Co., Ltd. (松下電器産業株式会社, Matsushita Denki Sangyō Kabushiki-gaisha?), is a Japanese multinational electronics corporation headquartered in Kadoma, Osaka, Japan. Its main business is in electronics manufacturing.
Since the company was founded in 1918, it has grown to become one of the largest Japanese electronics producers along with Sony, Toshiba and Canon. In addition to electronics, Panasonic offers non-electronic products and services such as home renovation services. Panasonic was ranked the 89th-largest company in the world in 2009 by the Forbes Global 2000 and is among the Worldwide Top 20 Semiconductor Sales Leaders.
From 1935 to October 1, 2008 the company name was "Matsushita Electric Industrial Co., Ltd."
On January 10, 2008, the company announced that it would change its name to "Panasonic Corporation", with effect from October 1, 2008 to conform with its global brand name "Panasonic". The name change was approved at a shareholders' meeting on June 26, 2008 after consultation with the Matsushita family.
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