In 1927, he produced a line of bicycle lamps that were the first to be marketed with the National brand name. In the 1920s, Matsushita began regularly launching products. Panasonic, then Matsushita Electric, was founded in 1918 by Kōnosuke Matsushita as a vendor of duplex lamp sockets. In September 2014, Panasonic announced they will revive the Technics brand. (松下電器機電(深圳)有限公司) were established by joint venture between Matsushita Electric Industrial and Shun Hing Group respectively, making Rasonic a product brand for MEI and subsequent Panasonic Corporation. (松下信興機電(香港)有限公司) and Panasonic SH Industrial Sales (Shenzhen) Co., Ltd. In June 1994, Panasonic Shun Hing Industrial Devices Sales (Hong Kong) Co., Ltd. Ltd (信興電工工程有限公司), a company that has imported Panasonic and National branded product since Matsushita Electric Industrial era, and has also sold MEI/Panasonic products under the original brand names.
Rasonic is a brand name of Shun Hing Electric Works and Engineering Co. In September 2013, the company announced a revision of the decade-old tagline to better illustrate the company vision: "A Better Life, A Better World." In January 2008, the company announced that it would phase out the brand "National" in Japan, replacing it with the global brand "Panasonic" by March 2010.
In May 2003, the company announced that "Panasonic" would become its global brand, and launched the global tagline "Panasonic ideas for life." The company began to unify its brands to "Panasonic" and, by March 2004, replaced "National" for products and outdoor signboards, except for those in Japan. While "National" had been the premier brand on most Matsushita products, including audio and video, "National" and "Panasonic" were combined in 1988 as National Panasonic after the worldwide success of the Panasonic name. The use of multiple brands lasted for some decades. The company began to use the brand name " Technics" in 1965 for audio equipment. In 1955, the company began branding audio speakers and lamps for markets outside Japan as " PanaSonic", which was the first time it used the "Panasonic" brand name. In 1927, Matsushita adopted the brand name " National" for a new lamp product. The company has sold products under a number of other brand names during its history. Panasonic Corporation sells virtually all of its products and services worldwide under the Panasonic brand, having phased out the Sanyo brand in the first quarter of 2012. The reorganization took effect in 1 April 2022. In 2022, Panasonic announced a reorganization plan which split the company into Panasonic Holdings Corporation (the former Panasonic Corporation) and conversion of its divisions into subsidiaries the Lifestyle Updates Business Division being the division that took the Panasonic Corporation name after the reorganization. The name change was approved at the shareholders' meeting on June 26, 2008, after consultation with the Matsushita family. On January 10, 2008, the company announced that it would change its name to "Panasonic Corporation", in effect on October 1, 2008, to conform with its global brand name "Panasonic".
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