ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Electronics

Panasonic cranks up AC business with $870m investment in 5 years

Japanese manufacturer to lean on disinfecting tech and energy efficiency

Panasonic faces tough competition in the global AC market.   © Kyodo

OSAKA -- Panasonic will invest 100 billion yen ($867 million) in the air conditioning business over five years, looking to capitalize on growing interest in AC systems fueled by the coronavirus pandemic.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more