One of the world's largest electronics manufacturers to "Panasonic" announced plans to acquire its smaller competitor, "Sanyo Electric, writes" BusinessWeek. "Merger" Panasonic "and" Sanyo will create 110 billion. U.S. $ value of a corporation. Over the next few weeks, "Panasonic" and "Sanyo executives will negotiate on how to integrate the various activities of the chips to TV sets and solar production.