Panasonic to move refrigerator and washing machine production line to Vietnam

Friday, 22/05/2020 16:33
Panasonic Corporation said on May 21st that it will reorganize manufacturing locations in Southeast Asia and move its refrigerator and washing machine production line from Thailand to Vietnam in the coming year.

VN to become strategic market for Panasonic

Panasonic Vietnam (Photo: panasonicvietnam.vn)


A spokesperson of Panasonic Corporation told Reuters that the move will make about 800 workers in Thailand lose their jobs and affirmed that it was part of a plan to effectively improve production cost.

"Panasonic will try to move some workers into other jobs based on their qualifications," the spokesperson said.

The home appliance division and a development research center of Panasonic Corporation in Thailand will close by the end of March 2021.

After closing, Panasonic will still have about 13,700 workers involved in manufacturing small devices and batteries in Thailand./.

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