Printed from http://www.electronista.com

Pioneer exiting TV business altogether?

updated 08:25 pm EST, Fri February 6, 2009

Pioneer May Exit TVs

Japan's Nikkei paper today warned (subscription required) that Pioneer is likely to exit the TV business. While the company has already said it would end plasma production and enter into LCDs, the new report has the electronics giant ending its TV efforts entirely and entering into a joint venture with Sharp for its DVD movie player business. Pioneer has been suffering losses despite the critical success of its Kuro plasma TVs and is also at least indirectly threatened by the current world economic crisis.

A spokeswoman for Pioneer's American division tells Gearlog that the company declines comment on the accuracy of the story but does acknowledge that her firm has been "actively evaluating" its businesses since March of last year to save money. Significantly, Pioneer's CES presence saw it launching mostly home theater equipment like Blu-ray players while its familiar TVs were absent.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

  1. gskibum3

    Fresh-Faced Recruit

    Joined: Nov 2006

    0

    I Hope Not

    I've had a Kuro Elite for about a year now and am thrilled with it.

    I know they announced a few months ago to have Panasonic manufacture the plasma's for Pioneer, scheduled to be in full swing by fall 2009. Maybe Pioneer is now going to sell their technology to Panasonic altogether.

Login Here

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

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Asus Chromebook C300

When Chromebooks hit the market back in 2011, consumers didn't know what to do with them. The low-cost laptops, powered by Google's Ch ...

Plantronics BackBeat Pro Bluetooth headphones

Looking for a pair of headphones that can do everything a user requires is a task that can take some study. Trying to decide on in-ear ...

Lemur BlueDriver

"Oh no, the check engine light is on…again! What one of the hundreds of reasons could it be this time? Probably going to cost a fort ...

Sponsor

toggle

Most Commented

 
toggle

Popular News