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Home > Company Index > Consumer Products-Durables  > Consumer Electronics > Matsushita Electric Corporation of America

Matsushita Electric Corporation of America
 NEWS FROM THE STANDARD
Intel Launches WLAN Module for Palm
Jun 26 2001 04:42 PM PDT

 PROFILE
Matsushita Electric Corporation of America's products transport you back to the 1950s or farther into the 21st century. The company oversees the North American operations of Matsushita Electric Industrial, the world's #1 consumer electronics firm (ahead of Sony). In North America, Matsushita makes consumer, commercial, and industrial electronics products (from jukeboxes to flat-screened TVs) under the Panasonic brand. Other products include home audio/video systems, computer equipment, and appliances. Matsushita has about 50 companies and 23 manufacturing sites in North America, as well as research and development centers (working on such projects as speech synthesizing speech) and sales offices.

 COMPETITION
Hitachi, Ltd. (HIT)
Samsung Group (dossier)
Sony Corporation (SNE)

 FINANCIAL OVERVIEW
1999 Sales (mil.): 8,100.00
1-Yr. Sales Growth: 1.3%
Employees: 24,000
Revenue per employee: $337,500.00

 KEY PEOPLE
• Hideaki Iwatani
    CEO
• F. Tsuji
    CFO

 CONTACT INFO
One Panasonic Way
Secaucus, NJ 07094
US
Phone: 201-348-7000
Fax: 201-348-8378
Online: Web Site

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