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Panasonic to build satellite radios

Panasonic has signed an agreement with XM Satellite Radio to design, develop, produce and market radios for factory installation in new cars and trucks, XM said Monday. Sony, Alpine, Pioneer, Clarion, Blaupunkt and Delphi-Delco have also signed up to manufacture the radios, which will offer up to 100 channels of content. XM's first satellite is scheduled to launch in late February.

Panasonic has signed an agreement with XM Satellite Radio to design, develop, produce and market radios for factory installation in new cars and trucks, XM said Monday. Sony, Alpine, Pioneer, Clarion, Blaupunkt and Delphi-Delco have also signed up to manufacture the radios, which will offer up to 100 channels of content. XM's first satellite is scheduled to launch in late February.