Panasonic might give up on Plasma TVs
Reports are circulating that TV maker Panasonic has halted the development of plasma TVs and is considering exiting the market altogether. Panasonic wouldn't be the first major TV manufacturer to exit the sagging plasma TV market, as Vizio threw in the towel on the segment back in 2009.
The move is part of Panasonic's plan to turn around its ailing TV business. For its part, a Panasonic representative was more nebulous about the company’s intentions, stating, "We are considering a number of options regarding our TV business. But nothing has been decided yet.”
Panasonic announced in November of 2012 that it has plans to shed 10,000 workers by the end of March 2013. And last summer, Panasonic announced that it was teaming up with Sony to share costs and to collaborate on the production of next-generation OLED panels for TVs and other large displays. Many see OLED as the next big sreen technology in the TV industry.
Source: Yahoo! News
"A politician stumbles over himself... Then they pick it out. They edit it. He runs the clip, and then he makes a funny face, and the whole audience has a Pavlovian response." -- Joe Scarborough on John Stewart over Jim Cramer
|
Most Popular ArticlesHigh School Student Creates Storage Device that Can Charge in 20 Seconds
May 20, 2013, 6:51 AM
NASA Awards $125,000 Grant for 3D Printed Food on Long-Term Space Travels
May 21, 2013, 1:32 PM
Seawater Cooling Saves Data Center Big Bucks, Energy, Despite Jellyfish Issues
May 17, 2013, 3:23 PM
Microsoft Announces Voice-Controlled "Xbox One"
May 21, 2013, 12:55 AM
EA Dev: Nintendo is "the Walking Dead"; Wii U is "Crap"
May 20, 2013, 11:27 AM
|
