Panasonic will expand its smartphone business beyond its home country of Japan, starting with Europe in March 2012, the electronics giant said today.
The company is powerful in consumer electronics, manufacturing not only products but also many of the components within, but it's absent from much of the world's stage in the pivotal and fast-growing smartphone market. No more, the company pledged, after a reorganization.
The European launch marks the beginning of an ambition to reach sales outside Japan of 9 million smartphones in the fiscal year ending March 31, 2016.
Leading the charge will be a phone … Read more