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Panasonic to end TV production in Malaysia, cut jobs

Created at 28 Jul · 6:27 PM1 source↑ Market-relevant
IN SHORT

Panasonic plans to cease television manufacturing in Malaysia by September and close its plant there by March 2027, resulting in the elimination of approximately 400 jobs.

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Key Numbers

400jobs to be eliminated
March 2027plant closure date

Who's Involved

Panasonic
electronics manufacturer ending Malaysian TV production
Panasonic to end TV production in Malaysia, cut jobs

↳ Why This Matters

The decision by Panasonic to end TV production in Malaysia and close its plant signifies a shift in its manufacturing strategy and will impact local employment. It also marks the end of the Japanese manufacturer's last in-house television factory, with Taiwan set to become its new base for television production.

Key facts

  • Panasonic will end its television production in Malaysia by September.
  • The company intends to close its Malaysian manufacturing facility by March 2027.
  • The closure will result in the loss of around 400 jobs.

Panasonic is set to discontinue television manufacturing in Malaysia by September, with plans to close its plant in the country by March 2027. This move will lead to the elimination of most of the facility's approximately 400 jobs. Some of Panasonic's higher-end televisions intended for the Japanese market are currently produced in Malaysia.

Frequently asked questions

Panasonic plans to stop making televisions in Malaysia by September.

The company intends to close its Malaysian plant by March 2027.

Approximately 400 jobs will be eliminated.

Some of Panasonic's higher-end TVs for the Japanese market are made in Malaysia.

What Happens Next

01Panasonic to close Malaysian plant by March 2027.
02Taiwan to become Panasonic's new TV production base.

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Cadence

How It Developed

Panasonic will stop making televisions in Malaysia by September.
The company plans to close its Malaysian plant by March 2027.
Approximately 400 jobs will be eliminated.

Sources

T1
Panasonic to end TV production in Malaysia, cutting jobsNikkei Asia

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