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
10/10/2013 5:52:03 AM
1. Umm...so? Both can be picked up by one person with ease up to about 60" and both can be hung on the wall, so I fail to see how this is even slightly relevant.
2. You and I have different ideas about significant. My fairly new Plasma TV uses less power than a pair of light bulbs. You might be thinking of older plasmas (like 3+ years old), which burned a phenomenal amount of power.
3. It does generate some heat, but, there's no definition of "large amount" that applies here.
4. Actually, plasmas are tougher than LED/LCD TVs, because they require thicker protective glass on the front. There's no reason you can't make LCD/LEDs just as tough, it's just that they cost double what a plasma would.
5. This is demonstrably not true. If you go off the half-life of the panel/back-light, last time I looked plasmas were at 120,000 hours and LCDs were at 60,000. LED-backlit LCDs at 100,000. However this is an irrelevant metric, as no TV you buy will last even half of this time (even the paltry 60,000 hours of CCFL LCDs is over 20 years (at 8 hours of TV watching a day). Good quality modern equipment will last about seven years, regardless of which type you go for.
"And boy have we patented it!" -- Steve Jobs, Macworld 2007
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
Apple Releases iOS 7.1, The First Major Update to Its "Rethought" Mobile OS
March 10, 2014, 1:52 PM
BlackBerry CEO Jokes that iPhone Users are "Wall Huggers"
March 10, 2014, 12:20 PM
Average Mobile Phone Bill in U.S. is Growing Despite Competition
March 10, 2014, 10:25 AM
Aussie Tried to Drop Drugs into a Prison Using an Aerial Drone
March 10, 2014, 9:32 AM
Quick Note: New Generation HTC One (M8) Photos Turn Up on Weibo
March 10, 2014, 9:04 AM
Sony, Panasonic Announce Archival Disc Standard Coming in 2015
March 10, 2014, 8:50 AM
Most Popular Articles
Bitcoin King Pt. II: Mt. Gox's Dictator Karpelès Proves Tragically Flawed
March 7, 2014, 1:12 PM
Bitcoin King: Mt. Gox CEO Mark Karpelès' History of Arrests, Firings
March 5, 2014, 9:05 AM
USAF Moves Forward With Long Range Bomber Program Despite Budget Crunch
March 4, 2014, 9:44 AM
Windows 8.1 Update 1 Leaked Early
March 7, 2014, 9:30 AM
Apple Won't Let UK Sons Unlock Their Deceased Mother's iPad
March 6, 2014, 12:44 PM
Latest Blog Posts
Tesla vs. BMW: Who Has the Safer EV?
Feb 1, 2014, 2:56 PM
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
Global Cyber Espionage Concerns Reveal Growing Cyber Armies
Nov 29, 2013, 11:04 AM
Is The Period Becoming an Expression of Anger?
Nov 26, 2013, 2:02 PM
NSA and Congress -- You Will Never Kill the Constitution, It's an Idea
Nov 10, 2013, 2:00 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information