Panasonic Establishes R&D Center in Hanoi, Vietnam.Tokyo, Japan, Apr 5, 2007 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Panasonic announced today, that Panasonic Vietnam Co., Ltd. (PV) has started the operations of an R&D subsidiary, Panasonic R&D Center Vietnam Co., Ltd. (PRDCV) in Hanoi, Vietnam, in April 2007. With a capital investment of US$ 500,000.00, this new Center widens the number of R&D bases of the global Panasonic Group in the ASEAN ASEAN: see Association of Southeast Asian Nations. ASEAN in full Association of Southeast Asian Nations International organization established by the governments of Indonesia, Malaysia, the Philippines, Singapore, and Thailand in region. PRDCV will run R&D activities relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc digital home appliances and design & development of software and strengthening further development capability in the global market from the ASEAN region. The Center is certified See certification. as an R&D company by the Vietnamese government. "Through our PRDCV activities, and our collaboration with Hanoi University of Technology Hanoi University of Technology - HUT (Vietnamese: Đại học Bách khoa Hà Nội, "Polytechnic University of Hanoi"), founded 1956, is the first, largest university of technology in Vietnam [2] [3] , we hope to contribute to higher student achievements. Integrating with other Panasonic Group companies in Vietnam, we also hope to play an important role in the country's R&D activities," said Kazuhiro Tsuga, Executive Officer of Matsushita Electric Industrial Co., Ltd. in charge of Digital Network & Software Technology, and Overseas R&D Centers. The company aims to: 1) establish core technology R&D activities and software development capabilities that are the most efficient in Vietnam 2) strengthen embedded software Instructions that permanently reside in a ROM or flash memory chip. Embedded software may be immediately available to the CPU or, for faster execution, may be transferred to RAM first and then executed. development resources 3) pursue further efficiencies for the Panasonic Group's activities by centralizing cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. R&D and manufacturing in Vietnam Panasonic R&D Center Vietnam Co., Ltd. (PRDCV)
Location: Hanoi City, Vietnam
Capital: US$ 500,000.00
Investment: Panasonic Vietnam Co., Ltd.
Representative: Yukiya Higashi, General Director
Business Area: R&D activities of digital home appliances
Design and development of software
Beginning of Opes: April 2007
Employees: Start with 19, scheduled to increase to 50
by year 2009
Panasonic Vietnam Co., Ltd. (PV)
General Director: Shinya Abe
Location: Hanoi City, Vietnam
Established: November 2005
Business area: Holding company of Panasonic Group Companies in
Vietnam Provides integrated marketing, sales &
after-sales services in addition to financial and
administrative support to its subsidiaries
Number of employees: Approximately 100 (as of March 31, 2007)
Number of companies: subject to consolidation
About Panasonic (Matsushita Electric Industrial) Best known by its Panasonic brand name, Matsushita Electric Industrial Co., Ltd. is a worldwide leader in the development and manufacture of electronic products for a wide range of consumer, business and industrial needs. Based in Osaka, Japan, the company recorded consolidated net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of US$76.02 billion for the year ended March 31, 2006. The Company's shares are listed on the Tokyo, Osaka, Nagoya and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of (NYSE NYSE See: New York Stock Exchange :MC) stock exchanges. For more information on the company and the Panasonic brand, visit the Company's website at http://panasonic.net/. Source: Panasonic (Matsushita Electric Industrial) Contact: Ms. Nguyen Thi Thanh Minh Corporate Communications Group, Panasonic Vietnam Co., Ltd. Tel: +84-4-9-550-111 Fax: +84-4-9-550-144 Copyright [c] 2007 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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