QUOTE AND NEWS
Channel News Asia  Aug 18  Comment 
The two firms want to grow their presence in Sub-Saharan Africa, where the food and beverage sector is expected to benefit from rising population and income levels, said Olam. 
Benzinga  Jan 14  Comment 
In a report published Tuesday, Credit Suisse analyst John Pitzer upgraded ON Semiconductor Corp. (NASDAQ: ONNN) to Outperform from Neutral, raising its price target to $12.00 from $8.00. According to the report, while analysts maintain their...
Reuters  Oct 8  Comment 
On Semiconductor Corp, a maker of power-management chips, said it would cut up to 870 jobs at its Sanyo Semiconductor unit as it looks to reduce costs.
Benzinga  Aug 13  Comment 
Whirlpool Corporation (NYSE: WHR) today announced that it has entered into agreements to become a majority shareholder (51 percent) in Hefei Rongshida Sanyo Electric Co. Ltd. [600983: Shanghai], a leading home appliances manufacturer based in...
The Hindu Business Line  Aug 13  Comment 
Financial Times  May 24  Comment 
Purchase, which has agreement of the provincial government, would almost double the US group’s share of China’s washing machine sales




 
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SANYO Electric Co., Ltd., founded in 1947, is a major electronics firm with headquarters in Osaka, Japan. It has a capital of ¥322,242 million, with about 11,032 employees, along with 119 domestic and 156 overseas subsidiaries and affiliates. It is currently the world's largest supplier of rechargeable batteries.


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History

SANYO was first founded in 1948, and incorporated in 1950 and soon created Japan's first radio and washing machines.

The recent 2004 earthquake in Japan damaged one of Sanyo's major semi-conductor plants, causing a disruption in production.

This led to a 205 billion Yen loss for 2005. In response, as well as in order to address the growing environmental crisis, the Sanyo Evolution Project was founded, aiming at turning Sanyo into a more environmentally-friendly company by revamping innovation in products like rechargeable batteries and hybrid cars. 

In the "format wars" between Toshiba's HD DVD versus Sony's Blu-ray disc, Sanyo, though on friendly terms with Sony, chose to back up HD DVD.

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