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In October 2013, Panasonic announced that it would stop producing plasma display TVs, closing the plasma panel production factory in December 2013 and ending sales in March 2014. Plasma displays have been losing market share every year to LCDs, and Panasonic has been posting losses and cutting jobs in the last few years. [7]
In January 2015, Panasonic announced it had stopped making TVs in China and plans to liquidate its joint venture in Shandong. [80] In March 2015, Panasonic announced plans to buy US satellite communication service provider ITC Global. [81] In April 2015, Panasonic announced its new range of products and relaunched its brand in South Africa.
"The Japanese consumer electronics industry is one of the most prominent industries in the world and is the world's largest electronics manufacturer ..." So begins the Wikipedia entry on the ...
Since that time, shipments of plasma TVs have declined substantially. This decline has been attributed to the competition from liquid crystal (LCD) televisions, whose prices have fallen more rapidly than those of the plasma TVs. [40] In late 2013, Panasonic announced that they would stop producing plasma TVs from March 2014 onwards. [41]
The company has also dutifully rolled out new curved TVs, although they aren’t as impressive as the brand’s best models. samsung curved tv Buy: Samsung 65-Inch Curved 4K TV $799.99
In March 2010, Pioneer stopped producing televisions as announced on 12 February 2009. [3] On June 25, 2009, Sharp Corporation agreed to form a joint venture on their optical business to be called Pioneer Digital Design and Manufacturing Corporation. [4]