Tuesday, September 27, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Disney Working On Potential Twitter Bid: report
World's Largest Music Strem Ripping Site Faces Legal Action
Renault-Nissan and Microsoft Partner to Deliver Connected Car Technologies
Adobe and Microsoft Partner in the Azure Cloud
Roku Launches The Smallest Set-Top Box Ever
HERE To Offer Live Traffic Services Based On Data Gathered by Other Cars
JDI Develops 12.3-inch Curved LCD for Automotive Applications
Snapchat Introduces 'Spectacles' Camera-equipped Glasses, Changes Company name To Snap
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Consumer Electronics > Pioneer...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, March 04, 2008
Pioneer to Cease Production of Plasma Panels, Source Says


Pioneer is currently finalizing plans to stop all production of plasma display panels in a bid to turn around its loss-making flat TV operations, an industry source briefed on the plan said on Tuesday.

Pioneer is the world's fifth-biggest plasma TV maker, but it has been struggling to compete with larger rivals with better output efficiency such as Matsushita Electric Industrial Co.

After the move, Pioneer plans to buy plasma panels for flat TVs from Matsushita, the Nikkei business daily reported. Pioneer is already planning to buy liquid crystal display panels from Sharp to start offering LCD TVs. Sharp is Pioneer's top shareholder, after the companies had entered into a business and capital alliance last September.

By purchasing panels for LCD TVs that are 42 inches or smaller from Sharp and turning to Matsushita for panels for plasma sets measuring at least 50 inches, Pioneer seeks to boost its cost competitiveness and bolster its presence in the flat-panel TV market.

"Nothing has been decided yet. We will announce it in detail at the information meeting to be held on March 7th," Pioneer said today in an official announcement. On Friday, Mr. Sudo, President of Pioneer Corporation will make an official announcement on Pioneer's business plans.

To fight price declines, Pioneer last year launched its "Kuro" series, positioning the TVs as premium products.

Withdrawing from the panel business could lead the the firm to close its panel plant in Kagoshima in southwest Japan.


Previous
Next
Sony, Samsung Increase LCD Panel Production        All News        CeBIT 2008: Nero Presents the Latest News in the Nero Business Lounge
Sony, Samsung Increase LCD Panel Production     Consumer Electronics News      NEC Display Announces 52-Inch, Full High-Definition LCD

Get RSS feed Easy Print E-Mail this Message

Related News
Be the DJ with Pioneer DJ's DDJ-WeGO4 Portable DJ Controller and the WeDJ iPad App
Pioneer And Onkyo Join DTS Play-Fi Wireless Audio Ecosystem
New Pioneer PLX-500 Direct drive Turntable Retails For $350
New Pioneer HRM-5 and HRM-6 Studio Monitor Headphones For Producers
Meet the new CDJ-2000NXS2 and DJM-900NXS2
Pioneer Unveils Future In-vehicle Entertainment At CES
Pioneer DJ Brings The RMX-1000 for iPad
Pioneer HDJ-700 Headphones Are Optimized For Club DJs
Pioneer Develops Telematics Platorm For Cars
Pioneer To Use HERE Maps For Car Navigation Systems
Pioneer DJ Introduces Entry Level DDJ-SB2 Controller for Serato DJ Intro
Pioneer Launches In-Car Rearview Mirror Telematics Unit

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .