Appliance sales push Panasonic profit up 38%

Healthy sales of refrigerators, washing machines and other whitegoods in Japan and the rest of Asia helped to push Panasonic’s group net profit up 38% year over year to US$914 million for the April-September half. Meanwhile, strong sales of surveillance cameras and in-flight entertainment systems helped operating profit to grow 13% to 200.4 billion yen, topping 200 billion yen for the first time in seven years.

Panasonic’s plan to keep the home under wraps

Panasonic Australia’s Connected Home System, a monitoring and automation solution for households, offers a new range of devices and kits enable electrical appliances to be remotely activated around the home, and monitored from inside and out. Panasonic Australia, product marketing manager, Home Automation Samantha Dawson, explained, “The Home Automation market is growing quickly and becoming […]