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Panasonic eyes $1.5 billion Olympic win with Tokyo Games infrastructure, innovations

06
Aug
2014

By Sophie Knight TOKYO (Reuters) – Robot porters and wearable translation devices are just some of the innovations Panasonic Corp would like to launch for the 2020 Tokyo Olympics, an event it hopes will earn it at least $1.5 billion. As one of the top sponsors of the Games since 1988, Panasonic has mainly supplied TV screens to host venues. The Olympics will without a doubt spur the development of new businesses, Masahiro Ido, the director of Panasonics Olympic Enterprise Division, told Reuters in a recent interview. Panasonic is not just a home appliance maker, we have all kinds of technologies, including ones related to social infrastructure, he added.

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