Created with Sketch.
Business deals

Panasonic to sell projector business to fill growth war chest

Visual tech has been used in Olympics, other big events

Panasonic Holdings is advancing a three-pronged growth strategy of electric-vehicle batteries, heat pumps and supply chain management. (Photo by Masayuki Kozono)

TOKYO/OSAKA -- A unit of Japan's Panasonic Holdings plans to exit its high-end projector business as it focuses its resources on digital supply chain systems, Nikkei has learned.

Panasonic Connect will decide on a buyer for the business as early as June, with an estimated sale price of 80 billion yen ($510 million).

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more