Oct 27, 2014

Sanyo to hand over N. American TV business to Funai

Sanyo Electric Co. plans to hand over its television operations in North America to Funai Electric Co., informed sources said Sunday. The sale is part of efforts by parent Panasonic Corp. to improve profitability. Funai currently sells liquid crystal display TVs in North America ...

Whirlpool to buy Sanyo China unit

Aug 14, 2013

Whirlpool to buy Sanyo China unit

Sanyo Electric Co. has reached a deal to sell its stake in a joint venture in China to U.S. home appliance maker Whirlpool Corp. for around ¥22 billion, Sanyo officials said. With the sale of its 29.51 percent stake in Hefei Rongshida Sanyo Electric ...

Jul 19, 2013

Panasonic, Sanyo fined $57 million for price-fixing

Panasonic and subsidiary Sanyo have each pleaded guilty to fixing prices for auto parts and battery cells in the United States and will pay $56.5 million in fines, the U.S. Justice Department said Thursday. A third company, South Korea’s LG Chem Ltd., also pleaded ...