TOKYO (Reuters) - China's Haier <1169.HK> will buy Panasonic Corp's <6752.T> Sanyo Electric washing machine and refrigerator units in Japan and Southeast Asia for about $130 million, in a move that ...
In context: Back in 1970, a futuristic "human washing machine" called the Ultrasonic Bath caused a sensation at the Japan World Exposition. The egg-shaped pod was developed and exhibited by Sanyo ...
Sanyo Electric said on Oct. 18 that it had reached a final agreement with Haier to sell its white goods operations, such as refrigerators and washing machines, to the Chinese company. The deal is the ...