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Established in 1963 as Anchor Electricals Pvt. Ltd., now Panasonic Life Solutions India Pvt. Ltd. is a wholly owned subsidiary of the Panasonic Corporation of Japan. Panasonic acquired Anchor, the 50-year-old Indian family-owned electrical equipment brand, in 2007. [ 1 ]
Panasonic Life Solutions India Pvt Ltd (formerly known as Anchor Electricals Pvt. Ltd.), an Indian company which makes electric lamps, switches, sockets and other electrical accessories, is a wholly owned subsidiary of Panasonic Corporation.
In 2005, the company was renamed from Aromat to Panasonic Electric Works. [2] On July 29, 2010, Panasonic reached an agreement to acquire the remaining shares of Panasonic Electric Works and Sanyo shares for $9.4 billion. [3] [4] [5] In 2007, Panasonic acquired Indian company Anchor Electricals Pvt. Ltd.
Number of employees (Approx. 28,500 (as of April 1, 2022) [ 4 ] ) Panasonic Connect Co., Ltd. was established on April 1, 2022, as part of the Panasonic Group's switch to an operating company system, a move which gives authority to each company to operate independently.
Panasonic Avionics Corporation (PAC) designs, engineers, manufactures, sells and installs customized in-flight entertainment and communications devices to airlines worldwide. It is a subsidiary of Panasonic Corporation of North America , the principal North American subsidiary of Panasonic Corporation , and operates under the umbrella of the ...
Pak Elektron Ltd (PEL) was founded in 1956 through a technical collaboration with AEG. In 1978, PEL was acquired by Saigol Group and was taken public a decade later. In 2009, PEL became the sole distributor of LG Corporation 's home appliances in Pakistan.
National was formerly the premier brand on most Matsushita products, including audio and video and was combined in 1988 as National Panasonic after the worldwide success of the Panasonic name. After 1980 in Europe , and 1988 in Australia and New Zealand , Matsushita ceased the usage of the "National" brand, and sold audiovisual products ...
Before becoming part of Matsushita Electric, KDK was a separate company not affiliated with Matsushita Electric Industrial Co. Ltd. KDK was registered as a trademark in 1912 but originated in 1909 as Nippon Electric Industry Co. Ltd.