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Pioneer Ending TV Production?
Say it ain't so (again) Pioneer, Japan's Nikkei is reporting that despite planning a return to profitability by sourcing Panasonic plasma panels, facing a consolidated loss of 100 billion yen ($1.08 billion U.S.) it will end TV development and production entirely. The DVD business will be spun off into a new venture with Sharp as part of a plan to shed several thousand employees over the next year, including a shutdown of its Shizuoka plant, along with already planned closings in the U.S. and Europe. Honestly, we should have seen things were going badly when it let LaserDisc die, but the worsening economy may have proved too tough for the idea that its Kuro and Elite line of products would not be subject to the ups and downs of the economy.[Via Gearlog, registration required on read link]
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Comments
3
Subscribe to commentsTigreFeb 9th 2009 1:29AM
All they had to do was make some LCD's along with their Plasma's and they wouldn't be losing so much money in TV Production. People want cheap HD tv's and let's face it compared to a lot of LCD's plasma aren't cheap. It'll be sad to see them go though because those Kuros looked sweet.
MadMikeFeb 9th 2009 9:48AM
Damn, I'd miss the Kuro's. Pioneer was one of the ONLY companies to make TV's that weren't crap. Take a look at testing and you'd see most TV's don't deliver what they claim - even Samsung, Sharp, etc..
Out of all the TV's out on the market, the only 6 worth purchasing are the Sony XBR8 46' & 55', Pioneer Kuro 50' & 60', Mitsubishi LaserVue, Panasonic 65" Viera. The rest just plain suck. But that's mainly because LCD's are crap, unless they release tri-color, local-dimming LED backlit 240Hz LCD's in sizes over 50" for under $3,800.
OLED better come out soon!
xbplaya1122Mar 22nd 2009 9:04AM
for the yahoo who said lcd is cheaper than plasma obviously has never shopped for a 50 " screen and if you say the smaller screens are cheaper in lcd well i would hafta agree with you because there are no small plasma tv's they both have thier pros and cons but just wait..... the super slim OLED will be out soon hopefully maybe... lets just hope georgey b didnt screw us over too much