Panasonic Corporation is a Japan-based company. The Audio-Visual Computer (AVC) Network segment offers audio and video equipment. The Appliance segment provides household air-conditioning machines. The System Communications segment provides system network and mobile communications-related products and services. The Eco-solutions segment consists of riding, energy system, housing system. The Automotive systems segment provides automotive multimedia-related equipment. The Device segment provides electronic components, semiconductors and optical devices. The Energy segment provides solar system and lithium-ion batteries. The Others segment consists of health care, manufacturing solutions and PanaHome. On April 1, 2014, it established a joint venture with Tower Semiconductor Ltd. On July 1, 2014, it sold all of its interests in two subsidiaries to Fujitsu Ltd and UT Holdings Co., Ltd., respectively. On August 1, 2014, it transferred some businesses to a new subsidiary and then sold it.