Skyworth, publicly owned and headquartered in China, founded in 1988, employs approximately 230 individuals. The company, which specializes in consumer electronics, reported $9.1B in revenue as of 2024. Skyworth functions as a manufacturer of TVs and STBs.
On March 10, 2026, Panasonic partnered with Shenzhen Skyworth Display Technology to manage its television business in North America and Europe, with the agreement set to begin in April 2026. Under the deal, Skyworth will take over the manufacturing, sales, marketing, and logistics for Panasonic-branded televisions in these markets. This strategic move provides Panasonic access to Skyworth’s production scale while allowing the Japanese brand to concentrate its efforts on high-end OLED development. The partnership also signifies the end of Panasonic's domestic television production in Japan.
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