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Panasonic has withdrawn from India's refrigerator and washing machine sectors due to global restructuring and sustained losses, despite achieving ₹11,500 crore revenue in FY25. The company's market share was minimal, with six years of sales losses. Panasonic will now concentrate on profitable areas like HVAC, B2B solutions, and home automation....

Panasonic Holdings is exiting India's refrigerator and washing machine sectors due to intense competition and low market share, impacting its consumer electronics business. The company will shut down production at its Jhajjar factory, resulting in potential layoffs. Panasonic will now concentrate on core areas like televisions, air conditioners, and B2B solutions, aligning with a global restructuring strategy....

YOKOHAMA, Japan, June 25, 2025 /PRNewswire/ -- Panasonic Automotive Systems Co., Ltd. (Headquarters: Yokohama, Kanagawa, Japan; President: Masashi Nagayasu; hereinafter referred to as "PAS") today announced its appointment to the Governing Body of SOAFEE* (Scalable Open Architecture for......

NEWARK, N.J., June 23, 2025 /PRNewswire/ -- Panasonic LUMIX has introduced a series of new firmware updates for its full-frame mirrorless LUMIX S1RII, S1II and S1IIE, aimed at improving the hybrid shooting experience and enhancing functionality. Aligned with LUMIX's ongoing commitment to......

NEW YORK--(BUSINESS WIRE)--Tillman Digital Cities (“TDC”), a leading provider of next-generation mobile connectivity solutions, today announced the appointment of Barry Goldstein as Chief Executive Officer. Mr. Goldstein brings more than 30 years of global leadership experience, including two decades in the hospitality industry, with a proven track record of driving transformative growth across Real Estate, Marketing, Digital, and Technology sectors. Most recently, he served as CEO of Arch Amenities Group, a leading provider of amenity management and consulting services for commercial real estate, hotels, resorts, residences, and private clubs. Earlier in his career, Mr. Goldstein also held senior executive roles at Wyndham Hotels & Resorts, Starwood Hotels, Cisco Systems, and Panasonic, where he consistently delivered results by leading strategic growth, innovation, and operational excellence. “We're thrilled to welcome Barry to the team at a time of rapid momentum and expansion,” said Sachit Ah...

Supporting the next generation of filmmakers, photographers, and content creators NEWARK, N.J., June 20, 2025 /PRNewswire/ -- Panasonic LUMIX is proud to announce the launch of LUMIX EDU, a new initiative designed to support the next generation of filmmakers, photographers, and content......

Caroline to oversee North American sales for Panasonic's video and audio businessNEWARK, N.J.--(BUSINESS WIRE)--Panasonic Entertainment & Communication Co., Ltd. today announced that Caroline Niedzwiecki has been appointed as director of sales. In this role, Caroline will oversee the company's audio and video business, which includes Panasonic's suite of Pan-Tilt-Zoom (PTZ), studio, and box cameras, camcorder portfolio, media production and audio solutions, and the KAIROS Live Video Production Platform. Niedzwiecki brings more than 25 years of experience in the professional AV and M&E industry, with a strong background in business development and sales leadership. She most recently served as the general manager and vice president at disguise where she spent three years leading the company's North and South American sales. Prior to disguise, she was the vice president of global sales at BirdDog and senior vice president of business development at NewTek (now a Vizrt company) where she spent nearly a de...

GUANGZHOU, China, June 10, 2025 /PRNewswire/ -- Heungkong Group, Panasonic Electric, and Tantron Technology have announced the mid-stage outcomes of their collaborative innovation, the "8 Constants+ Forest Environment System," on World Environment Day, June 5, 2025. This pioneering......

DUBLIN--(BUSINESS WIRE)--The "Display Market Industry Trends and Global Forecasts to 2035: Distribution by Type of Product, Type of Technology, End User, Type of Resolution, Aspect Ratio, Type of Touch Technology, Brightness, Viewing Angle, Power Consumption, Durability and Key Geographical Regions" report has been added to ResearchAndMarkets.com's offering. The global display market size is estimated to grow from USD 167.47 billion in 2025, to USD 261.38 billion by 2035, at a CAGR of 4.13% during the forecast period, till 2035. Display Market Growth and Trends The evolution of digital technology in the display sector has opened up unparalleled opportunities for companies to connect with and engage their intended audiences. The increasing trend towards larger screens across various fields, coupled with the introduction of innovative display technologies from advanced 3D displays to next-generation digital signage and video surveillance systems is transforming how people interact with information and visu...

Panasonic Appliances China officially entered into an AI cooperation agreement with Alibaba Cloud, aiming to upgrade the intelligent functions of its home appliances such as washing machines and refrigerators based on Qwen. The two parties will develop the 'Zhihui Yiju' AI platform, which will equip home appliances with ......

NEWARK, N.J., May 29, 2025 /PRNewswire/ -- Panasonic is proud to exhibit its ADVANC-R®, a next-generation vacuum insulation panel (VIP), at the upcoming AIA Conference on Architecture & Design 2025 (AIA) in Boston June 4-7, 2025. Designed for today's high-performance building demands,......

As Tesla's long-rumored low-cost electric vehicle appears poised for launch, anxiety is rising across its global battery supply chain—particularly among Korean and Japanese partners. Industry observers warn that Tesla's increasing reliance on Chinese-made lithium iron phosphate (LFP) batteries could marginalize long-standing suppliers like LG Energy Solution (LGES), L&F, and Panasonic, potentially eroding their influence in the world's most consequential EV supply chain....

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Global corporations, including Microsoft, Amazon, Panasonic, PwC, CrowdStrike, and Burberry, are implementing significant job cuts affecting thousands. Driven by structural overhauls, cost-cutting, and a focus on profitability, these layoffs signal an industry-wide shift towards leaner operations....

A roundup of the most newsworthy tech announcements from PR Newswire this week, including new cameras from Panasonic, Cisco's new AI partnership and Persona's funding for its humanoid robots. NEW YORK, May 16, 2025 /PRNewswire/ -- With thousands of press releases published each week, it......

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Panasonic Holdings Corp.'s decision not to rush into expanding capacity to build batteries has been validated by slower global demand for electric vehicles, Chief Executive Officer Yuki Kusumi said....

Wackelfreie 4K-Aufnahme mit 60 Bildern pro Sekunde leisten auch Minikameras: Wir haben eine DJI Osmo Pocket 3 und eine Panasonic Lumix S5IIX getestet....

NEWARK, N.J., May 13, 2025 /PRNewswire/ -- Panasonic is pleased to announce the expansion of its renowned LUMIX S Series with the introduction of two new models, the LUMIX S1II and S1IIE. These cameras are designed to offer exceptional photographic and videographic capabilities,......

NEWARK, N.J., May 13, 2025 /PRNewswire/ -- Today, Panasonic announces a new firmware update for the LUMIX S1RII, the release of workflow-supporting applications LUMIX Flow and LUMIX Lab, and updates for S Series lenses. These updates are designed to seamlessly integrate advanced features......