Top 10 Consumer Electronics Companies in the World 2018

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6. Panasonic

The company was originally called as Matsushita Electric Industrial Co ltd and then later was renamed to Panasonic.


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This company has its feet in many varied products and services and it was initially producing bulb attachments and other electrical fittings. Later on, Panasonic delved into products like air conditioners, projectors, bicycles, electronic items, batteries, cameras etc.

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it got involved in the very profitable business of TV sets manufacturing and put in enough amount in research and development to produce cutting edge innovations. Panasonic has become one of the leading consumer electronics companies worldwide. Later on, it sold off this entire business segment and liquidated its stake in any subsidiary that it owned in this business. The company then took some sweeping acquisitions and mergers and partnerships which improved the stock position in the market. The partnership with Tesla motors in the battery production in the famous giga factory in the US and then the partnership with photon interactive and the acquisition of ITC global- a satellite communication provider and also the acquisition of an Indian company – fire pro systems which was in the business of infrastructure protection and security solutions. Panasonic also was involved in the sponsorship of the formula one team in the Toyota racing. Talking of it’s environmental records, it is ranked 11th place in the the greenspace’s guide to greener electronics. This actually ranks the producers of electronics based on the policies the company takes in the process of production and also the products of Panasonic are said to have long life.

Sales revenue (USD Bn)- 69.03



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