Sunday, February 5, 2012

Panasonic LED lighting speed transformation

January 2012, cold weather, Panasonic on Sanyo’s restructuring and integration opened the curtain. From the Matsushita Group’s information display, from April this year, Panasonic will take over Sanyo’s “all business” and plans “in batches” will retail in Japan, Sanyo, Panasonic’s retail stores into . This means that the Sanyo brand delisting countdown has entered the same time, Panasonic also to show the company to accelerate the transition to the green plot.

It is reported that Sanyo Electric headquarters located in Osaka, Japan outside of the “SANYO” logo, the end of December last year were removed. January 2012 began Sanyo and Panasonic will carry out restructuring and integration. Some analysts said the Panasonic acquisition of Sanyo, the Sanyo plans to retain only the core areas of solar and battery, and other operations will be stopped or sold to other companies. With Panasonic’s global strategy to strengthen the unified brand, Sanyo brand will cease to exist from April 2012, the only exception is the line of washing machines and refrigerators, they have been sold to the Haier Group.

It is understood that, in April 2011, Matsushita Electric and Sanyo Electric will become a wholly owned subsidiary of Matsushita Electric. In both cases a significant industry consolidation behind the Panasonic clearly highlights the strategic transformation of the track: The electronics maker will integrate five business areas, divided into three groups: consumer, components and equipment, solutions, the existing 16 departments will be consolidated into nine, including household appliances, energy and health care.

The reorganization aims to sell solar panels and other energy-saving LED lighting products, for home, retail and construction markets, expanding Panasonic’s energy business, energy as key areas for development.

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