Plasma Tv Archive

  • Panasonic officially owns Sanyo and boasts the world’s largest plasma panel plant now

    Panasonic officially owns Sanyo and boasts the world’s largest plasma panel plant now

    Good news for Panasonic in the last 48 hours. The company announced yesterday that it now officially turned Sanyo into a subsidiary after acquiring a 50.27% stake in its smaller rival. The merger was in the making for several months, and Panasonic paid a whopping $4.4 billion to make it happen. So we now have Japan's second largest electronics maker in terms of sales (Hitachi is still the biggest). And one day later, Tuesday morning Japanese time, Panasonic announced another accomplishment: The company has completed the world's largest plant for plasma panels. It's located in Amagasaki in Southern Japan and is ready to produce the largest PDPs in the industry (Panasonic says panels sized at 330 centimeters by 190 cm can now be mass-produced).

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