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Panasonic was founded in 1918, and is now one of Japan’s largest electronics group and in 2012 was its biggest corporate employer. It is one of the world’s top five television makers and one of the world’s top 20 semiconductor manufacturers.
The Japanese electronics giant says it has failed to reach licensing agreements with the two Chinese companies after years of negotiations.
As electric vehicles go mainstream, battery makers are working on viable options to lithium-ion packs. While companies make rapid progress on sodium-ion cells, its use in EVs is still some time away, say analysts.
A study by Panasonic, which is renowned for its bathroom equipment, has found that nearly 70 per cent of men are now sitting down to relieve themselves.
Industry observers say Chinese EV battery makers have been striving to improve their technology by tying up with foreign companies, investing in R&D and hiring the best overseas talent to match their overseas competitors.
Panasonic doesn’t want a new battery plant for Tesla’s Gigafactory in China as the business has struggled to turn a profit
Foreign lighting manufacturers in China are increasingly focusing on the country’s huge domestic market as the effects of US tariffs add up on their businesses.
Toyota will take 51 per cent of the venture, while Panasonic will hold the remaining stake, a source say
Japan's Panasonic Corp, best known for its televisions and home theatre systems, wants to feed Singaporeans its radishes and lettuce.
Samsung Electronics rose to a record in Seoul trading a day after Fitch Ratings cut Sony Corporation and Panasonic Corporation to "junk" status.