Home > Brands > Panasonic Sees The Light

Panasonic Sees The Light

Japan electronics giant Panasonic is in talks to buy European automotive light maker ZKW Group. The move is seen as Panasonic accelerating its push into the automotive electronics market.

The deal is estimated to be worth up to US$1 billion and the two companies could reach a basic agreement as early as this month.

ZKW supplies light-emitting diode headlights and lighting modules to US and European automakers, including General Motors and BMW.

You may also like
Pansonic Launch New LUMIX 4K Hybrid Bridge Camera
Panasonic Launch Full-Frame Lumix S1 & S1R
Panasonic Reveal Floor Lamp With Hidden Camera
OLED TV Price War Panasonic 55″ Cut To $1,986
Panasonic Takes On Canon With First Full-Frame Mirrorless Camera