Panasonic President Yuki Kusumi: Will not flee the Chinese market

News from this site on November 14, according to Nikkei Chinese website, Panasonic Holdings President Yuki Kusumi said in an interview in Shanghai recently: " If you escape (fierce competition) from the Chinese market, it means "Withdrawing from the world", it expresses the policy of continuing to invest in China as one of the most important regions.

It is reported that

Panasonic Holdings’ Chinese business accounts for about 30% of its revenue, and Panasonic is making investments to increase production. Recently The cooking appliance factory has been put into operation, and it also plans to expand the production capacity of the Suzhou electronic parts factory by 2025. A total of 17 new factories have been built or decided to set up in the past three years.

Check the official website of Panasonic Electric China on this site. Panasonic Group's business in China began in 1978 and has been in China for more than 40 years.

Mainly focuses on "intelligent and healthy living spaces" and "new energy automobile parts" The three key undertakings of "intelligent manufacturing".

Xiaomi Group’s major appliance air conditioning department announced in June this year that it had signed a strategic cooperation agreement with Panasonic Air Conditioner. The two parties will establish resource sharing in the research and development, production and manufacturing of air-conditioning products and form a multi-level and multi-field strategic partnership.

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