Panasonic is a Japanese multinational electronics corporation that produces a wide range of consumer electronics and home appliances. It has several competitors in the market, including Philips, Sony, Aiwa, Sanyo, and RCA. Philips is a Dutch technology company that produces consumer electronics, lighting, healthcare, and other products. Sony is a Japanese multinational conglomerate corporation that produces consumer electronics, video games, music, and entertainment products. Aiwa is a Japanese consumer electronics brand owned by Sony. Sanyo is a Japanese electronics company that produces consumer electronics, home appliances, and components. RCA is an American electronics company that produces consumer electronics, audio, and video products.