On November 8, Panasonic announced that scheme in 2015 that group LED lighting business sales revenue increased to more than 200 billion yen.
Panasonic expects Japan domestic demand for LED lighting will increase plan centres on domestic improve sales, and focus on China and other overseas markets in order to expand the business.
Matsushita said global market size of LED lighting 2010 for 600 billion yen, is expected in 2015 will be expanded to 2.6 trillion yen. Matsushita to cut will bring the global market share to around 10%.
Under the plan, to 2015 LED lighting related parts and Bulbs, domestic sales revenue to reach 160 billion yen, overseas amounted to 40 billion yen, totaling 200 billion yen. LED lighting business will increase as a proportion of total to 50%. 2010 LED the actual sales revenues 28.6 billion yen for domestic lighting, 3.7 billion yen overseas, totals 32.3 billion yen after 5 years of more than 6 times of revenues and strive to reach the current times.
Kyodo said Panasonic with rich product model Significantly expanded sales in the domestic market in China will focus on building lighting Equipment and household light bulbs. Also strengthened for lighting equipment manufacturer's parts sales in Europe and America.
On November 1, Panasonic released pre-announcement, expected a net loss of 420 billion yen this fiscal year (about US $ 5.4 billion), hit a company record low results for the past 10 years. Panasonic also announced that it will cut 17,000 jobs worldwide.
