Market Strategies : Panasonic to Form Sanyo DI Solutions Charged with OEM Digital CamerasApril 25, 2012
In accordance with AV Watch, Panasonic’s ownership had put a strain on Sanyo’s fragile manufacturing partnerships, but those partnerships could now contribute to the company’s bottom line in the form of rebadged cameras.
Sanyo DI Solutions will start with 10 million yen in capital and is slated to become fully independent on July 1.
On December 21, 2009, Panasonic completed a $4.5 billion acquisition of a 50.2% stake in Sanyo, making Sanyo a subsidiary of Panasonic. Then in July 2010, Panasonic announced it would acquire the remaining shares of Sanyo Electric. panasonic.com