11, 01. 2004
Matsushita Electric Industrial Co., Ltd., which advanced into China ahead of other Japanese consumer electronics manufacturers, is aiming to gain the leading position in China in household appliances with a target of increasing sales to 1 trillion yen by fiscal 2006. A new plant being constructed in Zhejiang Province will consolidate and expand Matsushita's production facilities for home products such as washing machines, vacuum cleaners and air conditioners.
