The Evolution of the Panasonic Brand

Chances are most people today own at least onehome electronics, industrial equipment, and
electronic product made by Panasonic, a leadingtelecommunications equipment.
international brand. The meaning behind Panasonic'sIn order to differentiate itself within the personal
name is rooted in its history and is something mostcomputer category, Panasonic recently developed the
people have not learned about from reading theirnotebook computer line Toughbook. With its rock solid,
owner's manual.durable outer casing, this laptop is target towards
Panasonic, a Japanese based electronicshard-working professionals. Their biggest rival is
manufacturer, was created in 1955 for the US,considered to be Sony, another Japanese corporation.
Canada, and Mexico, under the parent companyWhile the two compete for sales of flat panel
Matsushita Electric Industrial Co. Today, Panasonic sellstelevisions, digital cameras, and DVD recorders, the
everything from laptops and digital cameras tomost noticeable rivalry comes form their automobile
microwave ovens and telephones. The Panasonicaudio product offerings. Panasonic is known for its
brand was originally used for audio equipment, henceOEM radio equipment in automobiles and light trucks in
the words "pan" meaning "all" and "sonic" meaningthe US market.
"sound" that make up the brand name.Panasonic plans to continually seek and invest in joint
Matsushita was recently the largest Japaneseventures to develop the newest up and coming
electronics maker, based on annual electronic sales intechnologies in consumer electronics. This business
2004. The company not only manufactures products,strategy will help to ensure Panasonics place in the
but also spends a large amount to planning, researchindustry again other Japanese giant corporations such
and development. They are most well-known foras Toshiba and Hitachi.