Funai news
Funai News!
Funai Electric Co., Ltd. is a Japanese electronics company that has been in the news recently for various reasons. Here are some of the latest updates:
Recent News:
- Funai Electric to cease production in Japan: In October 2020, Funai Electric announced that it would cease production in Japan due to declining demand and increasing competition. The company will focus on its overseas production bases.
- Funai Electric to sell off assets: In November 2020, Funai Electric announced that it would sell off some of its assets, including its Japanese subsidiaries, to focus on its core businesses.
- Funai Electric to partner with Chinese company: In December 2020, Funai Electric announced a partnership with a Chinese company to develop and manufacture electric vehicles.
- Funai Electric to launch new smartphone brand: In January 2021, Funai Electric announced the launch of a new smartphone brand, "Funai Mobile", which will target the budget-conscious market.
Past News:
- Funai Electric acquires US-based company: In 2019, Funai Electric acquired a US-based company, "Funai America", to expand its presence in the North American market.
- Funai Electric launches new TV brand: In 2018, Funai Electric launched a new TV brand, "Funai TV", which offers a range of budget-friendly TVs with advanced features.
- Funai Electric partners with Indian company: In 2017, Funai Electric partnered with an Indian company to manufacture and sell TVs in the Indian market.
Funai Electric's History:
Funai Electric was founded in 1961 and has since become one of the largest electronics companies in Japan. The company has a diverse product portfolio, including TVs, smartphones, home appliances, and automotive electronics.
Funai Electric's Challenges:
Funai Electric has faced several challenges in recent years, including declining demand for its products, increasing competition from Chinese companies, and the impact of the COVID-19 pandemic on its business.
I hope this information helps!