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Swot Analysis Of Panasonic

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TOP PANASONIC COMPETITORS
Panasonic is a multinational electronics company based in Osaka, Japan. Initially the company’s name was Matsushita Electrical Industrial Company Limited until it was changed to Panasonic in October of 2008. Panasonic is among the biggest electronics manufacturers in Japan while as at 2012 it was ranked fourth as the largest TV manufacturer in the world judging by its market share then. Konosuke Matsushita founded Panasonic in 1918 and since then it has grown to become a leading manufacturer in the electronics industry.
As at 2017, Panasonic’s revenue stood at 7.34 trillion yen, its profit was 149.3 billion yen while its assets were worth 5.982 trillion yen. The company had employees who numbered 257,533 in the same period. Its subsidiaries include Universal Lighting Technologies, Panasonic Avionics Corporation, Kawakita Denki Kigyosha, Panasonic Electric Works and Sanyo Electric Company. However, the electronics industry has a lot of competition and discussed below are some of Panasonic’s top competitors;
1. Samsung
Samsung is a giant in the electronics industry. When it comes to new innovations Samsung stands out from the rest of the pack. Based in South Korea and founded in 1938, Samsung has continued to produce excellent products over the years setting new standards with each new product release. The company deals in a wide range of products some of which include electronic components, semi-conductors, home appliances, consumer electronics and

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