Printed from http://www.electronista.com

Hitachi plans to shutter TV segment

updated 04:55 pm EDT, Wed August 3, 2011

Latest company to depart from TV market

Hitachi is reportedly planning to shutter its TV manufacturing operations, as part of a strategic refocus on products with higher profits. The company currently operates a single LCD production plant in Japan, however the facility is said to be set to close by the end of the year.

Despite the Hitachi's plans to cease its own TV manufacturing endeavors, the company suggests it will continue to have a presence in the market. After the Japanese facility closes, Hitachi-branded sets are expected to be produced by third parties.

"We will carry on selling TVs, but they will be manufactured by our partners," Hitachi spokesman Atushi Konno told the BBC.

Hitachi is not the only company that appears to be struggling in the TV market. Sony is reportedly considering new partnerships to revive its TV segment, after the company slashed its annual forecast for TV sales. [via TechCrunch]



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

Sponsor

Recent Reviews

Razer Kraken Pro headset

Gaming headphones are a challenge to get right, for a long list of reasons that are unique to the consumer buying them. Some shoppers ...

Patriot Aero Wireless Mobile Drive

Regardless of how large a tablet you buy, you always want more space. There's always one more movie or another album you'd cram on, if ...

Patriot Fuel+ 6000 and 9000mAh batteries

Mobile device batteries are better than they used to be, but there's always a scenario where users could use more juice. Upgrade manuf ...

Sponsor

toggle

Most Commented

 
toggle

Popular News