X

As it turns on 4K TV, Panasonic to turn off Plasmas.The Japanese giant well known for its magnificent Plasma TV will cease production by the end of the financial year to March, sources told Reuters. 

Panasonic will book an impairment loss of more than 40 billion yen on the last remaining factory building in operation, the sources added. 
Panasonic Australia were not available for comment at the time of writing. 
The rumoured move comes as Pana embraces new, sexier technologies including ‘4K’ UHD TV, and has developed a 56-inch organic light-emitting diode (OLED) panel, hot on the heels of LG, Samsung and Sony.
The Panasonic Group recorded a large net loss for the second consecutive year to March 31, 2013, with losses in its TV division a major contributor.  
In its annual report 2013, management pledged to “change the structure of our businesses so that we turn around all unprofitable businesses by fiscal 2016.”
In an interview with CN last week, Richard Tassone, Panasonic Australia’s Marketing Manager Consumer Electronics, said “the TV market is volatile, we’re always reviewing our strategies, but believe our strategy is right, especially for new technology”, referring to the premium pricing on first 4K TV, announced last month. 
He said LED, LCD TVs were continuing to grow, admitting the Plasma TV market is “smaller”. 
Panasonic recently unveiled its first ever VIERA Ultra HD TV, or ‘4K’, for A$7,699, which is pricier than rivals LG and Samsung, but the TV giant says it is the first second gen, “future proofed” 4K TV, so it is worth the extra cash.
At CES in January, Panasonic refreshed its Smart Viera Plasma HDTV lineup. 
241211 SAV Ruark CNewsJan Leader Panasonic To Dump Plasma TV: Report
JBL TourPro3 728x90 Panasonic To Dump Plasma TV: Report
BEL2535 BPB024 4SQ Banners 728x90 Panasonic To Dump Plasma TV: Report
728x90 Panasonic To Dump Plasma TV: Report
728x90 Panasonic To Dump Plasma TV: Report
ChannelNews AZ100 728x90 Panasonic To Dump Plasma TV: Report
GOTHAM 728px x 90px Panasonic To Dump Plasma TV: Report
BlueAnt 4SQM PumpAirUltra 728x90px Panasonic To Dump Plasma TV: Report
Hisense KV BannerAd 728 90 Panasonic To Dump Plasma TV: Report
728X90 1 Panasonic To Dump Plasma TV: Report
FA 979 HN MDF SG14 14gen 728x90 1 Panasonic To Dump Plasma TV: Report
Px7 S3 728x90 1 Panasonic To Dump Plasma TV: Report
Flick of a switch 728x90 1 Panasonic To Dump Plasma TV: Report
AU X8 Banner 728x90 Panasonic To Dump Plasma TV: Report
Uniden Channelnews SoloX July 2024 728x90 1 Panasonic To Dump Plasma TV: Report
Marshall 728x90 1 Panasonic To Dump Plasma TV: Report
ELX DIG Crosscat Promo 728x90 Mar25 Panasonic To Dump Plasma TV: Report
HAIER Series 600 FLW HPD Pairs 728x90 1 Panasonic To Dump Plasma TV: Report
hitachi banner 728x90 Panasonic To Dump Plasma TV: Report
728 x 90 Panasonic To Dump Plasma TV: Report
Westan 728x90px Panasonic To Dump Plasma TV: Report
MaxRanger4K Leaderboard 728x90 Panasonic To Dump Plasma TV: Report
Arlo EOFY25 728x90 Panasonic To Dump Plasma TV: Report
728x90 Panasonic To Dump Plasma TV: Report
Skullcandy 728x90 1 Panasonic To Dump Plasma TV: Report


YOU MAY ALSO LIKE