Panasonic Corporation, one of the world's largest electronics manufacturers, was founded as Matsushita Electric Industrial Co. Ltd. in 1918. The company was renamed to Panasonic Corporation in 2008.
Catering to that market segment, Panasonic has announced two new camcorders, the HC-VX3 with 4K recording capabilities and premium picture quality, and the HC-V900 with 2K recording capabilities.