Panasonic forms business alliance with GM, IBM
(Japan Economic Newswire Via Acquire Media NewsEdge) LAS VEGAS, Nevada, Jan. 8 -- (Kyodo) _ Panasonic Corp. President Kazuhiro Tsuga said Tuesday his company has concluded business alliances with General Motors Co. and IBM Corp.
His comments were made at the 2013 International Consumer Electronics Show, which started in Las Vegas, Nevada, the same day.
The struggling Osaka-based electronics maker will jointly develop an information system for automobiles together with GM and cooperate with IBM in home electric appliances using cloud computing.
Stressing the importance of alliances with partners, Tsuga, the first Panasonic chief to give a speech at the world's top electronics show in five years, suggested his company will enhance its businesses for corporate clients in cooperation with major global enterprises.
Panasonic is showcasing its latest beauty devices such as dryers and steamers along with audiovisual products including its Viera brand TV sets and digital cameras at the exhibition.
(c) 2013 Kyodo News International, Inc.
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