Printed from http://www.electronista.com

Pioneer mulls fate of plasma production

updated 12:10 pm EST, Tue March 4, 2008

Pioneer to halt plasma?

Electronics multinational Pioneer may be nearing an end to its plasma TV business, according to reports. The Japanese business paper Nikkei reports that the company may completely cease production of plasma panels as soon as this year, and instead turn to ones produced by Matsushita Electric Industrial, the world's largest plasma supplier. Pioneer representative Ema Suzuki, meanwhile, tells the Associated Press that the company is reviewing the nature of its plasma business, given faltering sales.

Nikkei notes that while Pioneer initially hoped to ship 720,000 plasma TVs for the latest fiscal year, that number was scaled back to just 480,000. The plasma division may post a loss of 10 billion yen, equivalent to $96 million. The company is said to be shutting down one of its Japanese plasma production facilities entirely, and dedicating the other two in the country to assembling TVs.

Suzuki adds that while no decision has yet been made, Pioneer president Tamihiko Sudo will announce new business plans this Friday.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Advertisement

Recent Reviews

Apple 13-inch MacBook Pro (Early 2015)

Although the new darling of the Apple MacBook line up is the all-new MacBook, Apple has given its popular 13-inch MacBook Pro with Ret ...

Seagate Wireless

It seems like no matter how much internal storage is included today's mobile devices, we, as users, will always find a way to fill the ...

Lenovo Yoga Tablet 2 (Android, 10.1-inch)

Lenovo is building a bigger name for itself year after year, including its devices expanding beyond desktop computers. The company's l ...

Advertisement

toggle

Most Commented

 
toggle

Popular News