Panasonic: Lumix Not for Sale

Sep 29, 2021 | News, Panasonic, Uncategorized

Panasonic exec Yosuke Yamane felt the need to publish in an open letter disclaiming any intent to sell the Lumix camera business. Aside from the history of open letters denying division sales actually indicating a greater likelihood of division sales, Panasonic seems unlikely to do so.

Open Letter Panasonic

Rumors surfaced last spring that the camera division might not fit with the greater conglomerate in the context of an expected internal consolidation. But then, what really fits with the greater firm when you make both welders and rice cookers?

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