Panasonic, Sanyo shares soar amid takeover reports
#1
11-05-2008, 03:57 AM
Panasonic, Sanyo shares soar amid takeover reports
Sanyo's powerful lithium-ion battery business for autos is another gem for Panasonic, which can hope for a significant global share when combined with its own battery operations, said Tatsuya Mizuno, director at Fitch Ratings in Tokyo.
IIRC, Toyota has an exclusive deal with Panasonic to supply their NiMH batteries for their hybrids. Honda gets theirs from Sanyo.
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