
Since Panasonic began to export products to China in 1978, it has exported various products and parts to China. On the other hand, it also provided production equipment and technology for AV home appliances such as color TV sets and refrigerators, which promoted the localization process of these products. In September 1987, Panasonic first established a joint venture in China (Beijing). Since then, we have successively established wholly-owned and joint venture companies in a wide range of fields, from household appliances such as household air conditioners and washing machines to production equipment such as communication equipment, image, sound, semiconductor, etc. Our products have been well received. On September 2, 1994, Matsushita Electric Industry Co., Ltd. and Beijing huayingsheng Electric Development Co., Ltd. jointly established Matsushita Electric (China) Co., Ltd. (formerly referred to asCMC), with a total inves... [
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