Matsushita aims for 43% air-cond market share


  • Business
  • Saturday, 04 Jan 2003

MATSUSHITA Industrial Corp Sdn Bhd (Maico) is aiming for a 43% share of the market for domestic air-conditioners this year, despite expectations of greater mobility of air-conditioners in the region with full implementation of the Asean free trade area (Afta) regime. 

Maico sales director Hiroshi Maeda said the Matsushita group, which has invested about RM1bil in Malaysia over the past 29 years, had consistently gained better market share and sales percentage over the years. 

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