OSAKA – Panasonic Corp. has acquired German audio streaming platform provider Aupeo GmbH to distribute music programs for the company’s in-car audio system.
With the acquisition announced Monday by Panasonic Corp. of North America, the struggling consumer electronics maker plans to strengthen its automotive-related business. In its medium-term business plan, Panasonic aims to increase sales of auto-related business to ¥2 trillion in fiscal 2018 from ¥1 trillion at present.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
We humbly apologize for the inconvenience.