26 Facts About Matsushita Corporation

Panasonic Matsushita Corporation sells virtually all of its products and services worldwide under the Panasonic brand, having phased out the Sanyo brand in the first quarter of 2012.

Matsushita Corporation has sold products under a number of other brand names during its history.

In 1927, Matsushita Corporation adopted the brand name "National" for a new lamp product.

Matsushita Corporation began to use the brand name "Technics" in 1965 for audio equipment.

Panasonic, then Matsushita Corporation Electric, was founded in 1918 by Konosuke Matsushita Corporation as a vendor of duplex lamp sockets.

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Sanyo grew to become a competitor to Matsushita Corporation, but was later acquired by Panasonic in December 2009.

In 1961, Matsushita Corporation traveled to the United States and met American dealers.

Matsushita Corporation 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.

In 1968, Matsushita Corporation began to make rotary compressors for air conditioners, and, in 1971, it began to make absorption chillers, for air-conditioning applications.

In 1972, Matsushita Corporation established its first overseas factory, in Malaysia.

In 1973, Matsushita Corporation established "Anam National", joint venture with Anam Group in South Korea.

In 1983, Matsushita Corporation launched the Panasonic Senior Partner, the first fully IBM PC compatible Japanese-made computer, and it released inverter air conditioners.

In 1984, Matsushita Corporation established the Panasoft software label, which published software for MSX computers from 1984 to 1989.

Matsushita Corporation manufactured MSX computers of their own, such as Panasonic FS-A1.

In November 1990, Matsushita Corporation agreed to acquire an American media company, MCA Inc, the predecessor of both Universal Music Group and Universal Pictures, for US$6.

At the time, Matsushita Corporation had dominated the home video market with the company's leading position in the electronics market.

In 1992, Matsushita Corporation made the Panasonic FS-A1GT, the last model of the MSX turbo R computer.

In late 2006, Matsushita began talks with Kenwood Corporation to sell and spin off JVC.

In July 2013, Panasonic signed an agreement with Sony Matsushita Corporation to develop Archival Disc, described as an optical disc format for long-term data archival purposes.

Matsushita Corporation said it was looking at potential sites in Nevada, Arizona, Texas, New Mexico and California.

Matsushita Corporation intends to use South Africa as a springboard into Africa, with Nigeria and Egypt as its initial targets.

Matsushita Corporation decided to completely exit from the liquid-crystal display panel business by 2021, marking the end of its display production, to focus its resources on the automotive and industrial businesses.

Matsushita Corporation invested a total of in research and development in 2012, equivalent to 6.

Panasonic Avionics Matsushita Corporation, a subsidiary of Panasonic Matsushita Corporation of North America and a unit of Connected Solutions Company, Panasonic, is a supplier of in-flight entertainment and communication systems.

Hiro Matsushita Corporation, grandson of the company founder, is a former race car driver who ran a company overseeing sponsorship arrangements for the company.

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Matsushita Corporation is one of the top scorers on the Products criteria, praised for its good product life cycles and the number of products which are free from polyvinyl chloride plastic .