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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]
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 2000, Fisher's entire product lineup was re-branded as Sanyo. Upon the acquisition of Sanyo by Panasonic in 2011, [7] Sanyo's product lineup was, in turn, re-branded as Panasonic. [8] Avery Fisher remained as a consultant for Emerson and Sanyo. Fisher is generally known to be the first company to introduce separate audio components.
In 2008, Kyocera Corp. acquired the mobile phone division of Sanyo Electric Co., Ltd. for $375 million, making them the world's sixth-largest cell phone company. [3] On April 1, 2008, they took the North American assets of Sanyo and created Kyocera Sanyo Telecom, Inc. (KSTI). They also announced that they were entering the GSM handset market ...
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Sanyo Shokai New York, Inc. was founded in 1978 by Sanyo Shokai, Ltd. Sanyo Shokai, Ltd. is a Tokyo based company that was founded in 1943 by Nobuyuki Yoshihara, who is also the founder of Sanyo Shokai New York, Inc. In 1986, Sanyo starting building its own state-of-the-art production facility in Oneonta, NY [1] and opened that following year. [2]
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