Top 10 Television (TV) Brands in World 2018

Posted in Top Brand Lists, Total Reads: 7582

7. Panasonic

Panasonic Corporation formerly known as Matsushita Electric Industrial Co. Ltd. was established in Osaka, Japan in 1918.

Image: company website

In primitive years, it used to manufacture lightbulb sockets, Bicycle lamps under the brand name “National”. It was in 1950s when the company started manufacturing 17-inch monochrome TV and by end of 1970s started exporting televisions from Japan to US and Europe.

From 2006 onwards, Panasonic stopped production of Analog televisions and focussed completely on digital TVs. It moved very aggressively and fast in flat screen Televisions segment and quickly became popular in Plasma TVs worldwide. In 2010, Panasonic is among the firsts to bring 3D TV in 152-inch size which was the largest among all the rival companies. These TV comes with 3D glasses and Blue-ray disc players. In 2011, Panasonic acquired Sanyo electric co. ltd. making it a wholly subsidiary of Panasonic Corporation. Because of sudden explosion of LED/LCD TVs in the market and aggressive marketing by competitors, Panasonic which claimed Plasma TVs to be leading in the market got folded in a corner which compelled it to withdraw from US TV market by 2017. Still, its television is very easily available in other parts of the world. Now it makes LED,LCD,4k UHD and even OLED TV models which only LG and Sony makes in this industry. Like other manufacturers, Panasonic ahs also witnessed double digit growth in TV sale.

Parameters (S in $billion)

Market Share: 2.9

Revenue: 18.74

Market Cap: 17.9

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