Panasonic Corporation formerly known as Matsushita Electric Industrial Co. Ltd. is a Japanese multinational corporation headquartered in Kadoma Osaka Japan. Its main business is in electronics manufacturing and it produces products under a variety of names including Panasonic and Technics.Panasonic Mobile Communications manufactures mobile handsets and related equipment for the Japanese market. It has the second largest marketshare for mobile phones in Japan after Sharp. It used to market its GSM phones worldwide but in December 2005 the company announced its withdrawal from overseas markets. In summer 2008 rumours emerged that the company was considering to re-enter the Asian market with its VS84 handset.
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