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

Go Back [M] > Madshrimps > WebNews
Pioneer officially leaving the TV biz by March 2010, focusing on audio Pioneer officially leaving the TV biz by March 2010, focusing on audio
FAQ Members List Calendar Search Today's Posts Mark Forums Read

Pioneer officially leaving the TV biz by March 2010, focusing on audio
Thread Tools
Old 12th February 2009, 18:00   #1
jmke's Avatar
Join Date: May 2002
Location: 7090/Belgium
Posts: 79,002
jmke has disabled reputation
Default Pioneer officially leaving the TV biz by March 2010, focusing on audio

Bad news Kuro fans, the rumors were true and Pioneer is leaving the TV manufacturing business. On the upside, the restructuring deadline is March 2010, so a predicted net 130 billion yen ($1.44 billion) loss shouldn't be enough to get between you and the plasma HDTV of your dreams. The company's U.S. and U.K. plants are shutting down by April and February of this year, respectively, and product development for TVs beyond what's currently on the market is ending, seeing no prospects for improving profitability even after combining plasma efforts with Panasonic and LCDs with Sharp. Overall, there will be 10,000 fewer full time and temporary Pioneer employees than there were at the end of last year, while pay and bonuses for execs have been cut. The future for Pioneer? Mostly car audio, including in-car Blu-ray players and networked electronics, while its home electronics business focus on audio, DJ equipment and cable TV boxes, with a focus on using its expertise in improving sound. All other ugly details are contained in the press release, mourning the passing of another plasma supplier is in the comments.
jmke is offline   Reply With Quote

Similar Threads
Thread Thread Starter Forum Replies Last Post
Google To End Support For IE6 March 2010 jmke WebNews 0 30th January 2010 16:15
Digitimes claims Fermi Launch Delayed Until March 2010 jmke WebNews 0 28th December 2009 16:01
Intel Core i7 980X 'Gulftown' to start selling in March 2010 jmke WebNews 0 22nd December 2009 15:39
AMD to Launch 12-Core Server Microprocessors in March 2010 jmke WebNews 0 16th December 2009 11:54
Supply of 3.5-inch HDDs tight until March 2010 ? jmke WebNews 0 13th December 2009 14:51
DFI LANParty Provides Superb Audio Experience jmke WebNews 0 20th October 2009 10:36
Office 2010 Technical Preview screenshots jmke WebNews 0 18th May 2009 21:17
Creative’s Audio Chips Gain Popularity Among Mainboard Makers jmke WebNews 0 24th July 2005 21:41
VIA and QSound Announce Licensing Agreement for Audio Technology jmke WebNews 0 5th December 2004 16:34
Intel® High Definition Audio Will Be Music To PC Users' Ears jmke WebNews 0 19th April 2004 23:12

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 06:29.

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