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View Full Version : Panasonic Buys Sanyo for Its Batteries [Panasonic]



retroremakes
December 10th, 2009, 14:20
Panasonic just bought a controlling stake in Sanyo for $4.6 billion to form a Voltron of consumer electronics that's the second biggest in Japan, behind Hitachi. Why? For Sanyo's batteries—Sanyo's the biggest global supplier of rechargeable batteries—and solar panels (http://www.businessweek.com/globalbiz/blog/eyeonasia/archives/2008/11/what_to_expect.html?campaign_id=rss_tech). [