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Panasonic News

Toyota and Panasonic join hands to make electric vehicle batteries in 2020
News & Analysis

Toyota and Panasonic join hands to make electric vehicle batteries in 2020

Electric vehicle batteries produced by the joint venture will be sold to various automakers.

Tesla signs preliminary agreement with China’s Tianjin Lishen for battery supply
News & Analysis

Tesla signs preliminary agreement with China’s Tianjin Lishen for battery supply

Tesla has signed a preliminary agreement with China’s Tianjin Lishen to cut its reliance on Panasonic.

Panasonic's GZ2000 4K OLED TV unveiled at CES is an ode to colour accuracy nerds
News & Analysis

Panasonic's GZ2000 4K OLED TV unveiled at CES is an ode to colour accuracy nerds

The Panasonic GZ2000 is the first OLED TV set with HDR10+, Dolby Vision HDR and HLG for photos.

Panasonic Toughbook FZ T1 and FZ L1 mobile computing devices launched in India
News & Analysis

Panasonic Toughbook FZ T1 and FZ L1 mobile computing devices launched in India

Toughbook FZ T1 is durable, compact and comes with a 5-inch screen and runs Android 8.1 Oreo OS.

Panasonic refreshes its budget smartphone lineup launching the P85 NXT for Rs 6,999
News & Analysis

Panasonic refreshes its budget smartphone lineup launching the P85 NXT for Rs 6,999

The Panasonic P85 NXT is equipped with a 4,000 mAh battery which can be used as a power bank.

Panasonic launches Eluga Z1, Z1 Pro at Rs 14,490 and Rs 17,490 respectively
News & Analysis

Panasonic launches Eluga Z1, Z1 Pro at Rs 14,490 and Rs 17,490 respectively

Panasonic Eluga Z1 and Z1 Pro come with 3GB + 32GB and 4GB + 64GB internal storage respectively.

Panasonic launches new line-up of speakers starting at Rs 6,890
News & Analysis

Panasonic launches new line-up of speakers starting at Rs 6,890

The new line-up of speakers are available online and at Panasonic retail stores.

Panasonic Eluga X1 Pro and Eluga X1 launched in India starting for Rs 22,990
News & Analysis

Panasonic Eluga X1 Pro and Eluga X1 launched in India starting for Rs 22,990

The Panasonic Eluga X1 Pro offers dual camera set up at the back which is stacked vertically.

Musk to resign as Tesla chairman but remain CEO in $40 million SEC settlement
News & Analysis

Musk to resign as Tesla chairman but remain CEO in $40 million SEC settlement

Tesla, Musk will each pay $20 million to financial regulators as he steps down as chairman.

Panasonic Lumix S1, S1R full-frame mirrorless cameras launched at Photokina 2018
News & Analysis

Panasonic Lumix S1, S1R full-frame mirrorless cameras launched at Photokina 2018

At the event Panasonic also promised to launch an 8K camera sometime in 2020.

Flipkart aims over 30% phone sales this festive season as it lines up new launches through handset partners
Business

Flipkart aims over 30% phone sales this festive season as it lines up new launches through handset partners

The Walmart-backed Flipkart, which is locked in a fierce competition with US-based Amazon, claimed that about 25 percent of the total phones sold in the country are through its platform.

Panasonic joins Japan Display to license low cost OLED panel-making process
News & Analysis

Panasonic joins Japan Display to license low cost OLED panel-making process

This will produce OLED screens 20 percent to 30 percent cheaper than the current evaporation process.

Daikin Industries turns to Africa for further expansion; to go head-to-head with LG and China’s Haier
Business

Daikin Industries turns to Africa for further expansion; to go head-to-head with LG and China’s Haier

Daikin has struggled to compete with local rivals such as United Technologies’ Carrier and Johnson Controls’ York, which specialise in ducted air conditioning.

Samsung cuts prices of electronic items including TVs, fridges, washing machines to pass on GST reduction
Business

Samsung cuts prices of electronic items including TVs, fridges, washing machines to pass on GST reduction

Last week, the GST Council brought down tax rates to 18 percent from 28 percent on 15 items, including vacuum cleaners, washing machine, 68 cm (27 inch) TV, fridge, laundry machines, paints, hand dryers, food grinders and varnishes

Panasonic India targets Rs 12,300 crore revenue this fiscal; expects consumer business to double in next three years
Business

Panasonic India targets Rs 12,300 crore revenue this fiscal; expects consumer business to double in next three years

In the mobile phone market, where Panasonic is struggling, the company has decided to focus only on the niche segment.

Tesla battery maker Panasonic suspends cobalt supplier due to sanctions concern
News & Analysis

Tesla battery maker Panasonic suspends cobalt supplier due to sanctions concern

Panasonic said it was unable to determine how much of the cobalt for Tesla batteries comes from Cuba.

Tesla in favour of Germany as the location for its first European Gigafactory
News & Analysis

Tesla in favour of Germany as the location for its first European Gigafactory

Tesla already has operations in Pruem, Germany, which is only 30 kilometers from Belgium

Panasonic could produce batteries for Tesla in China to tap into the country's surging demand for electric vehicles
News & Analysis

Panasonic could produce batteries for Tesla in China to tap into the country's surging demand for electric vehicles

Panasonic currently produces battery cells for Tesla in Japan as well as at Tesla’s so-called Gigafactory in the US state of Nevada.

Budget 2018: Consumer durables, home appliances makers bats for manufacturing incentives
Business

Budget 2018: Consumer durables, home appliances makers bats for manufacturing incentives

Consumer durables and home appliances makers like Godrej Appliances, Panasonic, Philips Lighting and Intex want the government to lower taxes, give incentives to local manufacturing and increase customs duty on imports