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Construction of factories that are welcomed around the world
In 1961, the company began to provide technical assistance to several overseas countries and construct plants abroad with the aim of expanding its operations on a global scale.
The company provided technical assistance in setting up radio assembly operations in Pakistan, the former South Vietnam and Uruguay. It also established National Thai Company(NTC) for battery production and provided the necessary technology. NTC was the company's first overseas plant to be built since the end of the war.
The following year, the company established Matsushita Electric (Taiwan) to produce radios and other household products. By 1967, the company had plants in Mexico, Puerto Rico, Costa Rica, Peru, Tanzania, the former Malaya, the Philippines and Australia.
These ventures were all based on Panasonic's basic management philosophy, and were operated to contribute to the prosperity of their host countries. The factories have been frequently praised as model enterprises.
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