According to today's press-release the companies are discussing an alliance with the goal of maximising both company's value by finding synergies to grow sales and earnings.

The press-release also reveals that the basis of the ongoing discussions is that Sanyo should become a subsidiary company to Panasonic. However, the doors remain open for alternative solutions.

Panasonic intends to share it's great knowledge of cost-reducing measures and wants to learn more about Sanyo's successful mass-production technology.