Panasonic announces low-cost KX-MB2000 multifunction printer
Panasonic System Networks Co. of America, Secaucus, N.J., released three value-priced, high-performance A4 multifunction (Print/Scan/Copy/Fax) products featuring 24ppm laser printing and copying, fully networked multi-format color scanning, Super G3 network faxing with incoming fax preview and a robust suite of Panasonic office-enabling software. Aimed squarely at the Home Office, Small Office and Remote Office market, [...]
Panasonic purchases Sanyo
In its bid to dominate rechargeable battery manufacturing, Panasonic will complete its ownership of Sanyo Electric Co. Panasonic plans to spend up to $9.36 billion to buy the remaining shares of Sanyo, as well as Panasonic Electric Works. Panasonic already owned 50.2 percent of Sanyo, and 52.1 percent of Panasonic Electric Works. Panasonic says it [...]
Panasonic reports 35 percent first quarter sales increase
Panasonic Corp., Osaka, Japan, reported consolidated financial results for the first quarter of fiscal 2011, ended June 30, 2010. Consolidated group sales for the first quarter increased 35 percent to 2,161.1 billion yen (US $24.87 billion) from 1,595.5 billion yen (US $18.368 billion) in the first quarter of fiscal 2010, growing sales in all segments. [...]
Panasonic comments on media reports about possible purchase
Panasonic Corp., Osaka, Japan, said the current press reports in Japan about a possible purchase of its stake in Panasonic Electric Works Co. Ltd. and SANYO Electric Co., Ltd., and additional shares of these companies, did not come from Panasonic. “The Company has not decided anything. We intend to inform promptly, if any such decision [...]
Panasonic launches new 3D consumer camera, camcorders and more
Panasonic, Secaucus, N.J., introduces a slew of new products, including the HDC-SDT750, touting it as the “world’s first consumer 3D camcorder.” It includes a 3D conversion lens, enabling the camcorder to shoot 3D video content by recording right-eye and left-eye images simultaneously through its two lenses. The right and left images (each with 960-by-1080 pixels) [...]
Panasonic previews Fall Lumix line
Panasonic calls its new top-of-the-line compact model “a powerful hybrid that can shoot video and still photos with ease and professional-like quality.” The DMC-FZ100 captures full 1080 HD video. With its mechanical shutter it captures 11 still frames per second at its full 14-megapixel resolution. That burst rate goes up to 60 frames per second [...]
Digital Camera HQ names Panasonic Lumix FH20 “Best Consumer Camera of 2010”
Digital Camera HQ, Cambridge, Mass., declared the Panasonic Lumix FH20 the winner of its “Best Consumer Camera of 2010” contest. The FH20 was chosen based on a combination of staff and reader votes, gathered during the month-long voting window. The camera will now be awarded a prominent spot on the Digital Camera HQ homepage for [...]
Panasonic announces new LUMIX HD video digital camera, fisheye lens for Lumix G-Series
Panasonic Consumer Electronics Co., Secaucus, N.J., launched the new LUMIX DMC-FX75, a super-slim digital camera that features a 24mm ultra-wide-angle F2.2 bright LEICA DC VARIO-SUMMICRON lens with 5x optical zoom, which can be used while shooting High Definition video. The slim and stylish LUMIX FX75, a 14.1-megapixel digital camera is one of Panasonic’s high-performing hybrid [...]
Panasonic to establish Global Consumer Research Center
Panasonic Corp., Osaka, Japan, will establish the Global Consumer Research Center in Osaka by the end of March 2011 to enhance its capability to design and develop products that meet with local needs. Panasonic aims to become the No.1 Green Innovation Company in the electronics industry by 2018, as well as to implement a business [...]
Companies report financial results
Several companies announces financial results recently. Jo-Ann Stores Inc., Hudson, Ohio, reported net sales for the first quarter ended May 1, 2010, increased 4.4 percent to $480.3 million compared to $460.0 million for the same period last year. Same-store sales increased 4.1 percent versus a same-store sales increase of 1.0 percent for the first quarter [...]
