Panasonic officially quits plasma TVs

We (engadget) may compare Panasonic to the character of Michael Myers way too often, but this Halloween the analogy is particularly relevant given news the company is officially killing plasma TV production. Manufacturing of plasma panels will end in December this year, earlier than the most recent rumor suggested, with the last remaining factories going dark in March 2014 at the same time sales efforts will cease. It's a strategic decision to free up resources, the firm claims, citing low demand for plasma and the impact of LCD development as reasons for its exit. "Severe price competition" as a result of the Lehman Brothers collapse way back in 2008 is also blamed, so when you're left wanting the warm glow of new Panasonic plasma next year, you know who to shake an angry fist at.

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Platinum Tools New ezEX-RJ45 Termination System for larger CAT6/6A cables

Platinum Tools New ezEX-RJ45 Termination System for larger CAT6/6A cables

The new EXOtm Crimp Frame and next generation (globally patented) ezEX-RJ45® Connectors provides the solution for terminating larger diameter Cat6/6A twisted-pair cables. Made in USA. • Conductor sizes up to .048", • Die sets for EZ-RJ45 & ezEX-RJ45 connectors • Feed-through EZ-RJ45 design verifies EIA568A/B wiring • One-step to crimp and flush cut/trim EZ-RJ45 conductors ***See us at ISC WEST #6035***