Shulou(Shulou.com)11/24 Report--

CTOnews.com, November 14, according to the Nikkei Chinese website, Nanjiexionggui, president of Panasonic Holdings, said in an interview in Shanghai a few days ago: "if you escape from the Chinese market (fierce competition), it means withdrawing from the world," indicating the policy of continuing to invest in China as one of the most important regions.

According to the report, Panasonic's China business accounts for about 30% of the revenue. Panasonic is investing in increasing production, the recent commissioning of the cooking appliance factory, and plans to expand the production capacity of the Suzhou electronic parts factory by 2025. A total of 17 new factories have been built in the past three years and have been decided to set up.

CTOnews.com inquires Panasonic's official website, Panasonic Group's China business began in 1978, has been in China for more than 40 years, mainly with "intelligent and healthy living space", "new energy auto parts", "intelligent manufacturing" three key undertakings.

In June this year, the Air conditioning Department of Xiaomi Group announced the signing of a strategic cooperation agreement with Panasonic air conditioners. The two sides will establish resource sharing in the R & D, production and manufacturing of air-conditioning products, and form a multi-level and multi-field strategic cooperative relationship.

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