Tuesday 1 April 2008

Pioneer to stop making plasma panels

Recent claims suggest that in favour of sourcing plasma panels through a third-party, this may only be the start of changes taking place at Pioneer. It’s now being said that the company is finalizing plans to out source the whole lot.

Last week, Japanese newspaper Asahi reported that Pioneer is looking to buy 46in and smaller plasma display panels from Matsushita Electric Industries, owner of the Panasonic brand, or from Hitachi.

A spokesperson for Pioneer later confirmed that the company is reviewing its plasma display business because of poor sales performance.

Japanese publication Nikkei, citing company sources, today claimed that Pioneer is finalising plans to buy in all sizes of plasma panels and shut down one of its three plasma production sites in Japan this year.

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