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At its inception, Panasonic manufactured light sockets and producing lamps. During the post World War II industrial boom in Japan, Panasonic expanded to producing not only lighting fixtures but motors and electric irons as well. Producing highly regarded bicycles through the 1980s. The founder of Panasonic, Konosuke Matsushita, was raised by parents who owned a small bike shop, making the production of quality bicycles a labor of love for Matsushita. After his death in the late 1980’s, the bicycle division was abandoned due to lack of revenue generated from the division. Panasonic spent most of the decade and the decade leading up to the ‘80’s perfecting its semiconductor manufacturing.
Panasonic grew as maker of shortwave radios, a product that it perfected into becoming a full-blown stereo industry leader. Panasonic sells part of its stereo equipment through subsidiaries, Technics and Sanyo, which it purchased in 2009. The Panasonic Corporation also manufacturers a popular brand of visual equipment including digital cameras and is advancing the industry with every passing day. The advances in technology forged by Panasonic can also be identified in its line of office machines. Providing energy saving and reliable workgroup machines for small and big businesses alike, Panasonic is a trusted vendor of businesses all over the world.
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