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Sanyo was founded when Toshio Iue, the brother-in-law of Konosuke Matsushita and also a former Matsushita employee, was lent an unused Matsushita plant in 1947 and used it to make bicycle generator lamps. Sanyo was incorporated in 1949; it made Japan's first plastic radio in 1952 and Japan's first pulsator-type washing machine in 1954. [4]
Panasonic Corporation currently sells virtually all of its products and services worldwide under the Panasonic brand, having phased out the Sanyo brand in the first quarter of 2012. [14] It uses the marketing slogan "A Better Life, A Better World". The company has sold products under a number of other brand names during its history.
While unveiling the Joint Venture's plans, Sanyo-BPL Pvt Ltd Chairman and Chief Executive Officer, Ajit G Nambiar, said the company expected to post revenues of around ₹ 2,000 crore (equivalent to ₹ 50 billion or US$600 million in 2023) by 2009 and lead the market in consumer electronics and white goods in five years.
In 1976, Sears expanded the Kenmore name to its line of refrigerators, freezers, air conditioners, and dehumidifiers, which were previously branded as Coldspot. In 2016, the Kenmore brand was expanded into consumer electronics with the launch of Kenmore-branded high definition (Kenmore HDTV) and ultra HD (Kenmore Elite UHDTV) televisions. [7]
The company bought ElektroHelios, Norwegian Elektra, Danish Atlas, Finnish Slev, and Flymo, et al., in the nine years from 1960 to 1969. [16] It sold its American subsidiary to Consolidated Foods and exited the American market in 1968, only returning in 1974 when Electrolux acquired Eureka-Williams from National Union , one of the oldest names ...
The TikTok content creators who are posting refrigerator makeover videos say beautifying the inside of the kitchen appliance brings them a sense of peace and calm.
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.
The chain was bought out by ThreeSixty group and opened two new locations in Rockefeller Center, and LaGuardia airport, with plans to open up to 30 more in the future. KB Toys – liquidated February 9, 2009, which closed all of the remaining stores; [ 179 ] sold to Toys "R" Us and then to Strategic Marks, LLC; although it planned to reopen ...