Panasonic Plans to Begin Conducting Business With Chinese Market

Jun 15, 2012 (Close-Up Media via COMTEX) -- Panasonic Corp. announced that it will make a full-scale entry into the Chinese housing equipment and construction market in FY2012, providing its products and contributing to security and safety in housing in China.

In a release, the company noted that apartment blocks are the principal style of housing in China. The apartment blocks are usually sold as a skeleton around which the constructor builds rooms to their own independent design, but this style of construction can face a number of problems, including greatly varying levels of workmanship, delays in completion and noise. In order to overcome these problems, Panasonic will use its know how in housing equipment and construction materials developed in Japan to handle fully integrated product development, manufacture, sales, lifestyle suggestions, spatial design, construction and customer services in China, providing new value in housing with long term guarantees for quality.

In addition, Panasonic will expand its region of business and sales channels in FY2012. While selling products to improve indoor environments, a point of increasing concern in China, and with consideration to health and beauty, the company will provide comfortable and convenient components for housing equipment commercially developed in Japan as housing equipment devices and increase sales of these to local manufacturers.

((Comments on this story may be sent to newsdesk@closeupmedia.com))

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