08-03-2008
|
#1 (permalink)
|
| Section Administrator & Reviewer
Join Date: Feb 2003 Location: On a Spoon!
Posts: 4,707
| Pioneer to post loss, exit plasma display production
Quote: TOKYO (Reuters) - Consumer electronics maker Pioneer Corp (6773.T: Quote, Profile, Research) said it would fall into the red for the fourth straight year on costs to scrap production of plasma displays as it rejigs its strategy in the cut-throat flat TV market.
Pioneer is expected to now turn to Panasonic brand maker Matsushita Electric Industrial Co (6752.T: Quote, Profile, Research) to supply it with panels for its plasma TVs, thereby allowing it to focus on design and marketing and save on production costs.
Pioneer is the world's fifth-biggest plasma TV maker, but it has been struggling to compete with larger rivals such as plasma industry leader Matsushita and LG Electronics (066570.KS: Quote, Profile, Research), which can leverage economies of scale. |
Full Story @ Reuters
Pioneer make the best Plasma displays I have seen. Clean, crisp, clear. Might have to go out and get one before they all go.
__________________ New and updated signature, for her pleasure!! Have you meet my friend? His name is Devils Advocate! You have been warned. My Review / Gaming PC <- It's getting old  Join CDFreaks.Com for a chance to win a date with me. SERIOUSLY -> First 5 people to PM me something funny can see it here on 4,000+ posts. Ding Ding Ding. We have a winner. Step forward Shellie Mae!!! |
|  |