Panasonic to Exit Plasma TV Business by March 2014
October 9, 2013 10:30 AM
comment(s) - last by
Workers in the division will be reassigned
In previous years, plasma technology was very popular with consumers that demanded large-screen televisions. However, as LCD technology became cheaper and image quality improved, the demand for plasma TVs has dwindled dramatically.
A rumor surfaced in March of this year that Panasonic would be
exiting the plasma television market
. That exit has now been confirmed according to sources that claim to be familiar with the company’s plans. The sources claim that Panasonic will leave the plasma television panel market by the end of March 2014.
Panasonic has continued to eliminate areas of its business that have performed poorly (as witnessed by its
recent exit from the consumer smartphone market
). Plasma televisions accounted for less than 6% of global shipments in 2012 compared to 87% for LCD TVs.
Sony, Panasonic, and Sharp combined for less than 20% of the worldwide flat-panel TV market by revenue. Samsung has 27.7% of the overall market while LG has 15%.
sources also tipped that the several hundred workers that are currently employed at Panasonic in the plasma television operation will be moved to other divisions within the company.
This article is over a month old, voting and posting comments is disabled
RE: Too bad
10/9/2013 5:34:52 PM
As I recall, the latest OLED blues are up to 33,000 hours, well above the 20,000 generally believed to the threshold for burn resistance.
RE: Too bad
10/10/2013 4:52:53 PM
The engineer who developed the white subpixel solution said blue subpixels are still not where they want them to be in terms of longevity. Even with the band-aid of the white subpixels, the estimated lifespan (which is likely optimistic) for the blue subpixels is just ten years.
"If you can find a PS3 anywhere in North America that's been on shelves for more than five minutes, I'll give you 1,200 bucks for it." -- SCEA President Jack Tretton
Panasonic Leaving Consumer Smartphone Market
September 4, 2013, 10:14 AM
Quick Note: Panasonic Tipped to Exit Plasma TV Market
March 18, 2013, 9:38 AM
Google’s Project Ara Modular "LEGO" Smartphone Shown Booting Up on Video
October 29, 2014, 5:28 PM
After Touting Security, Privacy Controls, MCX/CurrentC Hack Exposes Customer Email Addresses
October 29, 2014, 3:08 PM
HP Reveals Sprout PC with Built in Projector, 20" Touch Sensitive Mat for Input
October 29, 2014, 1:13 PM
How Thin Can They Go? Oppo R5 is World’s Slimmest Smartphone
October 29, 2014, 8:33 AM
Samsung's Remote Wipe Could Let Hackers Hold Your Phone Ransom
October 28, 2014, 3:50 PM
Update: FTC Sues AT&T for Misleading Customers on “Unlimited” Data Plans
October 28, 2014, 1:41 PM
Most Popular Articles
Amid Theater Boycott Netflix Defiantly Plans New Movies, Plus 3 TV Shows for 2015
October 24, 2014, 7:30 PM
AT&T Defeats Purpose of New Apple SIM, Locks iPad Air 2 SIMs to Its Network
October 24, 2014, 2:17 PM
CVS, Rite Aid Kill Unofficial Apple Pay Support, Burn Google Wallet Users in the Process
October 25, 2014, 5:26 PM
1 Million Credit Card Activated on Apple Pay Within 72 Hours, Walmart CEO Hopes Visa "Suffers"
October 28, 2014, 8:17 AM
Microsoft's Figures Show Desktop Users Flocking to Windows 10 Preview
October 27, 2014, 11:04 AM
Latest Blog Posts
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information