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

Dell AD211 Bluetooth speaker

For all of the high-priced, over-engineered Bluetooth speakers in the electronics market, there is still room for mass-market solution ...

VisionTek 128GB USB Pocket SSD

USB flash drives dealt the death blow to both the floppy and Zip drives. While still faster than either of the old removable media, sp ...

Kodak PixPro SL10 Smart Lens Camera

Smartphone imagery still widely varies. Large Megapixel counts don't make for a good image, and the optics in some devices are lacking ...

Sponsor

toggle

Most Commented

 
toggle

Popular News