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Tag: panasonic

  • Panasonic cuts full-year operating profit outlook on China slowdown

    Panasonic cuts full-year operating profit outlook on China slowdown

    Japanese electronics firm Panasonic Corp cut its full-year outlook for operating profit on Wednesday due to concerns over weaker home appliances sales in China amid an economic slowdown.

    Panasonic forecast group operating profit of 410 billion yen ($3.42 billion) for the year through March, down from a previous estimate of 430 billion yen.

    Panasonic said October-December operating profit increased to 119.8 billion yen from 113.3 billion yen a year earlier. That missed an average forecast of 122.9 billion yen in a Thomson Reuters survey of six analysts.

  • Sunseap Group launches SAVE Campaign

    Sunseap Group launches SAVE Campaign

    Sunseap unveiled its first marketing campaign simply titled, “SAVE” in line with the company’s launch of their clean energy retail offering. Sunseap conducted extensive surveys, and “SAVE” reflects the insights of many individuals’ and corporations’ desire to help protect the environment and fight climate change and save in the process of doing so – a mind-set that is aligned at the very core with the company’s ethos.

    The heavy reliance on the burning of fossil fuels has led to the rise in carbon dioxide levels and global warming. While many businesses wish do their part to save the environment for future generations and at the same time, save on electrical bills or upfront cost, many do not find ready solutions.

    More, recently, listed corporations have also been mandated by Singapore Exchange (SGX) to publish sustainability reports by 2017/2018.

    Frank Phuan, Managing Director of Sunseap Group, explained, “Sunseap’s SAVE campaign will make clean energy more accessible to everyone. Regardless of which industry the business lies in or whichever energy retailer the business is buying power from, anyone can utilize clean energy readily at competitive prices without any upfront costs. Building owners can save electricity bills via an on-site power purchase agreement (PPA) with Sunseap and the solar systems can be installed on the rooftop to provide competitively priced clean energy in the day.”

    Kicking off as one of the early adopters of the SAVE Campaign is Panasonic Appliances Refrigeration Devices Singapore (Panasonic), where Sunseap has installed a 2.4 MW system, spanning more than 20,000 square meters of rooftop area.

    In order to put the size of this project into perspective, the 2.4 MWp system is able to power close to 7,000 HDB households with its annual energy generation capacity of more than 3 Gigawatt hours (GWh). As a huge power consumer with operations running 24 hours all year round, Panasonic is able to offset close to 10 per cent of its peak energy needs. At the same time, this project will further demonstrate Panasonic’s commitment towards environmental sustainability. Sunseap hopes this project to be the first of many other collaborations with Panasonic to come.

    Atsunao Terasaki, Managing Director, Panasonic Appliances Refrigeration Devices Singapore, said, “This is the first time Panasonic is participating in a solar leasing agreement with a clean energy provider. Our partnership with Sunseap reflects the company’s commitment in integrating environmental sustainability with business growth. With the government’s vision to utilise solar energy to power 5% of Singapore’s peak electricity demand by 2020, we hope this will encourage more businesses and industries to adopt solar.”

    Other than Panasonic, Housing Development Board (HDB), Singapore American School, ABB, Sakae Holdings and Jurong Port are just some names that have taken that step to save the environment with Sunseap.

    Through the SAVE campaign, Sunseap hopes to create awareness of the cost efficiencies of solar energy in Singapore and invoke action to revolutionize the local energy supply to help SAVE the environment, reduce carbon footprint and electrical bills at the same time

    Lawrence Wu, Director of Sunseap Group, “Sunseap’s unique proposition of providing clean energy accumulated from rooftop farms scattered across the island will continue allow clients to enjoy the benefits of renewable energy even without installing solar energy systems on limited roof spaces and in a country where land is extremely scarce and precious. Sunseap can now potentially offset 100% of anyone’s electricity carbon footprint – something deemed impossible in the past. This is made possible with Sunseap clean energy retail offering.”

    The journey of Solarizing Singapore is being catalyzed by Sunseap as it has installed solar systems on building rooftops and this is fast reaching the thousandth mark, and in doing so the power grid is being “greenified” as there is a large amount of clean energy being fed into the grid. As a Market Participant Retailer (MPR) authorised by Energy Market Authority (EMA) and registered with the Energy Market Company (EMC), Sunseap is able to resell the clean energy generated via their off-site generation solar plants to contestable consumers who are interested procuring electricity from a clean energy producer.

    Deploying a 1 MW solar system (estimated one football field area) is equivalent to reducing 500 tons of carbon emission or planting 20,000 trees in Singapore each year. As such, Sunseap’s 80MW of contracted capacity translates to helping SAVE Singapore 400,000 tons of carbon emission annually, savings for it’s clients and is equivalent to planting 1.6 million trees each year.

    The SAVE campaign by Sunseap is timely as a key meeting dubbed COP21, held in Paris in early December 2015, will see the world’s leaders congregate for “a new international agreement on the climate, applicable to all countries, with the aim of keeping global warming below 2 degrees Celsius.”

  • Panasonic Opens Four Showrooms in Southeast Asia

    Panasonic Opens Four Showrooms in Southeast Asia

    Towards improving market visualisation, Panasonic Asia Pacific and its group companies (Panasonic) opened four showrooms in Myanmar, Indonesia and Cambodia in the first half of 2015. The three showrooms in Yangon and Mandalay, Myanmar; and Phnom Penh, Cambodia; which showcase the company’s full array of Business-to-Consumer (B2C) products and Business-to-Business (B2B) solutions, are integrated with service centres. Panasonic Business Showroom in Jakarta, Indonesia, is a dedicated B2B showroom targeted at government and business partners.

    Panasonic_Showroom-Service_Centre_Yangon_Myanmar

    As fast-growing countries with sizeable young populations and untapped opportunities, Myanmar; Indonesia; and Cambodia are key markets for Panasonic in the Asia Pacific region. Panasonic aims to create a better life and a better world by enhancing quality of living through innovative electronics that cater to different lifestyle needs. These include home and cooking appliances, beauty and grooming products, televisions, audio-visual products and cameras.

    The company also strives to boost local business development and support growing infrastructure by marrying technology and products into comprehensive solutions tailored to meet unique market requirements in both residential and commercial sectors such as retail shops, convenience stores, hotels, offices and educational institutions.

    The one-stop showrooms offer customers and corporates the opportunity to experience the products and solutions first-hand, enhancing the brand’s touch points with its stakeholders. Staying true to its philosophy of contribution to society, Panasonic will continue to contribute to the development and prosperity of the markets it operates in, be it through technologies, products, solutions and corporate citizenship activities.

    Myanmar

    Panasonic Showroom & Service Center Yangon

    Address: G-15, Tower D, Pearl Condominium,
    Kabar Aye Pagoda Road, Bahan Township, Yangon
    Opening hours: Monday to Saturday: 9:00 – 17:30 (Showroom & Service Center)
    Sunday (except public holidays): 9:00 – 17:30 (Showroom only)
    Tel: +95 – 1 – 860 – 4657

    Panasonic Showroom & Service Center Mandalay

    Address: No.647, Corner of 36th & 78th street, Mahar Aung Myae Township,
    Haymamarlar North Quarter, Mandalay
    Opening hours: Monday to Saturday: 9:00 – 17:30 (Showroom & Service Center)
    Sunday (except public holidays): 9:00 – 17:30 (Showroom only)
    Tel: +95 – 2 – 60488

    Indonesia

    Panasonic Business Showroom Jakarta

    Address: JL. Dewi Sartika No. 14, Cawang, Jakarta, 13630, Indonesia
    Opening hours: Monday to Friday: 9:00 – 17:00

    Tel:

    +62 21 801 5710

    Cambodia

    Panasonic Showroom Phnom Penh

    Address: No.25, iOne Building, Mao Tse Tung Blvd, Sangkat Boeung Keng Kang I,
    Khan Chamkar Morn, Phnom Penh, Kingdom of Cambodia
    Opening hours: Monday to Sunday (except public holiday): 10:00 – 19:00
    Tel: +855 23 213 857
  • Panasonic, Lenovo’s retail bets in India

    Panasonic, Lenovo’s retail bets in India

    Two brands trying to get a bigger foothold in India’s smartphone market recently announced plans to expand their retail presence, strongly leaning on exclusive stores and e-commerce.

    The Japanese Panasonic and Chinese Lenovo are both in the process of bolstering their retail strategies. While the new stores would help their wide-ranging product portfolio, their smartphone fortunes would be paramount.

    Lenovo India is planning to triple its retail footprint. Run by franchisees, Lenovo has 400 stores which are branded as Lenovo stores, besides 3,500 outlets where its products are available. In the next three years, Lenovo will add to its branded stores – Lenovo Exclusive Stores (LES) and Lenovo Exclusive Store Lite (a smaller version for lower tier towns). While 30 percent would be LES, the rest would be the LES Lite model.