Panasonic Electric Works Vietnam to expand electrical construction materials business

Panasonic Electric Works Vietnam Co., Ltd. announced plans to accelerate expansion of its electrical construction materials business in Vietnam, targeting a 3.5-fold sales increase to 50 billion yen by FY2031. Strategies include building local product development, strengthening production capacity of wiring devices and IAQ devices, and co-creation with local companies.

“Electric Works Company deploys globally a wide range of electric construction material and provides solution to social issues in the various countries, and one of the most important countries for our future business growth is Vietnam”news.panasonic.com

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• news.panasonic.comPanasonic Accelerates to Expand Electrical Construction Material Business in Vietnam | Management/Financials | Company | Press Releases | Panasonic Newsroom GlobalJul 11, 2022

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