It appears you have not yet registered with our community. To register please click here...

Go Back [M] > Madshrimps > WebNews
Panasonic set to cut plasma screens Panasonic set to cut plasma screens
FAQ Members List Calendar Search Today's Posts Mark Forums Read

Panasonic set to cut plasma screens
Thread Tools
Old 19th March 2013, 07:37   #1
[M] Reviewer
Stefan Mileschin's Avatar
Join Date: May 2010
Location: Romania
Posts: 130,931
Stefan Mileschin Freshly Registered
Default Panasonic set to cut plasma screens

Troubled TV maker Panasonic is likely to prune off its plasma business over the next three years.

According to the Nikkei newspaper, the outfit is trying to come up with new ways to save cash and its plasma television seems to be a starter.

Panasonic has been trying to sell off the family silver and has been seen at the multinational equivalent of car boot sales in a bid to strengthen its bottom line.

Panasonic's TV business, which generated sales of $10.5 billion during its peak in 2009 and 2010, will earn less than half of that amount in 2015 and 2016.

Panasonic is refusing to comment other than saying that it is considering a number of options regarding its TV business.

The compay had announced that it would end plasma TV panel production at its main plant in Amagaskai in western Japan around fiscal year 2014.

According to the Nikkei the company had already written off the value of production equipment there.

New development of plasma TVs has been halted and Panasonic has decided that making plasma and LCD models would be inefficient. In Japan the flat TV market is shrinking, the Nikkei said.

There have been comments that plasma is dead in the water before. Panasonic is said to be working on OLED with Sony and plans to outsource manufacturing to keep costs down.
Stefan Mileschin is offline   Reply With Quote

Similar Threads
Thread Thread Starter Forum Replies Last Post
Sixteen new plasma TVs from Panasonic for 2013 Stefan Mileschin WebNews 0 8th January 2013 08:42
Panasonic teams up with NHK on 145-inch 8K Super Hi-Vision plasma TV Stefan Mileschin WebNews 0 30th April 2012 08:39
LCD vs Plasma in 2009 jmke WebNews 0 16th January 2009 23:30
Laser TV to Take On Plasma and LCD jmke WebNews 0 4th April 2007 16:28
Plasma or LCD? jmke WebNews 0 28th December 2006 22:25
Panasonic to Ship 103-inch Plasma in December 2006 jmke WebNews 0 19th April 2006 20:09
Panasonic Creates 103 Plasma Display Panel jmke WebNews 0 8th January 2006 20:00
Plasma or LCD Television Set Which is better Sidney WebNews 4 7th July 2005 16:15
Panasonic Viera 37" TH-37PA20 Plasma TV jmke WebNews 0 18th March 2005 11:38

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

All times are GMT +1. The time now is 08:11.

Powered by vBulletin® - Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO