Matsushita Electric was founded in Osaka by Matsushita Yukisuke in 1918, and it was a lamp holder when it started. In 1927, the headlights for bicycles were made. In 1951, Matsushita Yuki opened the market for Matsushita Electric in the United States, thus Matsushita Electric made great progress in growth from the 1950s to the 1970s.
Matsushita Electric's product line is extremely wide. In addition to home appliances, it also produces digital electronic products such as DVDs, DVs (digital cameras), MP3 players, digital cameras, LCD TVs, and notebook computers and so on. Moreover it extends to electronic parts and electrical parts including socket covers, semiconductors. There are hundreds of companies to invest Matsushita Electric indirectly and directly.