Milestone
We are proud of where we’ve come from. Started as a small distributor of Japanese Companies, we developed to be a manufacturer of their products. Then we moved further, by developing and manufacturing our own products under our brands. Along the way, we have built up capabilities and expertise in many areas, including electronic, magnetic, plastic, and wooden.
At present, besides maintaining the sales of our own products and brands, we have stepped into manufacturing services business to serve OEM and brand owners in electronic and electronic related industries.
1970 Company’s Incorporation (October 1, 1970)
1973 Acquisition of MAXELL Distributorship
1973 Acquisition of TEAC Distributorship
1973 Commence Hi-fi Production
1974 Commence the Operation of Waru Factory
1975 Acquisition of JVC Distributorship
1975 Commence BW-TV production
1976 Commence Audio Production
1977 Commence CTV Production
1978 Commence Wooden Cabinet Production
1981 Acquisition of JBL Distributorship (Relinquished 1992)
1981 Acquired Adjoining Land for Future Expansion
1984 Commence Magnetic Tape Slitting Process
1985 Adopted Own Domestic Distribution Network
1986 Launch INTEL Brand
1986 Commence Export Business
1986 Constitute R&D (Research and Development) Division
1986 Commence QA (Quality Assurance) Procedure
1988 Commence Distributorship of Boston Acoustics Products
1988 Commence Washing Machine Production
1989 Completion of Wooden Cabinet Factory for Export (12,144 m2)
1989 Launch PANAREC Brand
1991 Develop Customer Service Department
1992 Launch AKARI Brand
1992 Completion of New CTV Factory (12,282 m2)
1993 Completion of New Full-automatic Audio Cassette Factory (4,320 m2)
1993 Acquisition of PT. Panwell Industries (Plastic Injection Factory)
1994 Introduce Personal Data Storage (KTP) Television
1994 Acquisition of GE Telephone Distributorship from Thomson Multimedia
1995 Launch Graphic Based KAROTEXT and Wide Screen Television
1995 Commence New Company Name & Logo (from PT. Panggung Electronic Industries to PT. Panggung Electric Corporation)
1995 Conclude Distributorship of Boston Acoustic Product
1996 Acquisition of ISO-9001
1996 Conclude Distributorship of GE Telephone
1998 Commence Overseas Network in Europe
1999 Commence Overseas Network in Australia
1999 Renew Acquisition of ISO-9001
2000 Conclude Distributorship of TEAC
2000 Commence Sister Company with PT. JVC Indonesia
2000 Launch AKARI Media Smart Shop
2001 Launch Flat TV FLATO and DVD Player
2001 Commence CD Replication
2001 Commence IMPAC 10000 – Productivity Improvement Project
2002 Establishment of PT. AKARI Indonesia as Domestic Distribution Company
2002 Launch Air Conditioner Product
2002 Launch DAVANTI Brand for Wooden Rack / Cabinet Product
2003 ERP Implementation
2004 Acquisition of Superbrands Award
2005 Launch SMS TV
2005 Acquisition of Indonesia Record Museum Award for SMS TV Invention
2006 Changing Company Name to PT. Panggung Electric Citrabuana
2006 Relaunch INTEL LCD TV
2007 Launch Digi Banner
2009 End INTEL brand registration
2009 Acquisition of ISO-14001 Certification
2009 Acquisition of APCP (Anti-Piracy Compliance Program) Certification from CDSA (Content Delivery and Storage Association)