Panasonic 2008 Annual Report Download - page 20
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BUSINESS REVIEW AND STRATEGIES
Incorporating Matsushita’s cutting-edge technologies, AVC Networks provides
products, software, services and solutions that contribute to the realization of
a ubiquitous networking society. In fiscal 2008, sales of digital AV products
such as flat-panel TVs and digital cameras increased significantly thanks to a
vertically integrated business model that enhances product and cost competi-
tiveness through the in-house manufacturing of key components and devices.
In information and communications equipment, sales rose in the mobile phone
and automotive electronics businesses, and positive results were also
recorded in the home networks and security-related systems businesses.
For the future, Matsushita will leverage core strengths in digital AV
technologies to pursue enhanced functionality, convenience and ease of use,
with the goal of delivering products, services and systems that contribute to
the realization of a ubiquitous networking society.
AVC NETWORKS
18 Matsushita Electric Industrial Co., Ltd. 2008