News Column

Panasonic to Expand Cooperation with GM, IBM

Jan. 11, 2013

Panasonic Corp. President Kazuhiro Tsuga said Tuesday that the Japanese consumer electronics giant plans to expand business collaborations with General Motor Co. and International Business Machines Corp. of the United States.

In a speech at the International Consumer Electronics Show here, which kicked off on the day, Tsuga noted that his company will strengthen business with corporate clients as they are expected to boost earnings.

Panasonic will start joint development with GM of in-vehicle information technology equipment.

With IBM, Panasonic will launch such operations as cloud computing-based management of power consumption of home electronics for optimum energy conservation.

"Collaborations with global clients in the auto and retail industries as well as in-flight entertainment and energy conservation are enriching the daily lives of their customers," Tsuga said.

Source: (C) 2013 Jiji Press English News Service. via ProQuest Information and Learning Company; All Rights Reserved

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