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Panasonic UK and IrelandPanasonic House, Willoughby Road,
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About Panasonic UK and Ireland
Panasonic UK was established in 1972.
Since then the company has grown substantially and become a leading supplier of consumer and business related electronics products.
Its headquarters is located in Bracknell, Berkshire and this is supported by a national Logistics Centre in Northampton. The company currently employs more than 500 staff and has an annual turnover in excess of £700m.
There are also separate companies within the UK responsible for the sales of industrial products such as components and computer peripherals (Panasonic Industrial) and professional video and broadcast products (Panasonic Broadcast).
The story of Panasonic Corporation began in Osaka, Japan in 1918, when Konosuke Matsushita invented a two-socket light bulb. He started producing and selling the light bulb from his own house, with just 3 employees.
The invention of a new type of bicycle lamp came in 1923, followed by the development of the first radio just 8 years later.
In 1935 they launched their first television, an area of production that has since proved immensely successful. 1935 also marked a turning point in the size, production and sheer growth of Panasonic Corporation.
This particular year saw the company manufacturing 600 different kinds of product with sales extending to overseas markets for the first time. Their employee base rose to 3500.
By 1942, Matsushita became the first radio manufacturer in Japan. As the swinging sixties approached, the total number of employees had risen to 28000. The company reported profits of 1.5 billion yen.