Panasonic expanding smartphone business to European market
Japan's Panasonic is to expand its smartphone business to the European market in March next year, and has also a set target of 15 million units for overseas sales of its smartphones by the end of the fiscal year in March 2016, using Europe as a stepping stone to the global market.
Panasonic said Friday it would venture abroad from Japan to sell smartphones, beginning with Europe in March and then expanding to the US, China, and rest of Asia.