Feeds

Pioneer officially ends plasma TV production

Supplier yet to be announced

Mobile application security vulnerability report

Pioneer today confirmed that it will soon begin wrapping up its in-house plasma panel production in its entirety. The announcement follows weeks of rumours that some or all of the operation was for the chop.

The company admitted that maintaining the cost-competitiveness of plasma display panels at projected sales volumes will be difficult going forward. Pioneer is the world's fifth largest plasma TV maker.

Pioneer will continue to sell plasma TVs, but it didn't say which manufacturer has been chosen to provide it with plasma panels. However, recent reports cited moles who claimed that Matsushita, owner of the Panasonic brand, and Hitachi as potential suppliers.

It will shut down manufacturing once production of its next series of plasma TV models is complete, which is likely to take a few years yet. Indeed, the company admitted that the changes announced today aren’t expected to deliver financial benefits until 2010.

That suggests the ultra-thin, high-black line of Kuro plasma TVs that Pioneer announced earlier this year will make it to market.

Beyond that, Pioneer said it will look to license its TV technology to whoever its supplier or suppliers, so it looks like its developments will continue even if they're implemented by someone else.

Ending in-house production is expected to cost Pioneer around ¥19bn (£92m/€130m/$184m) in the short term, but it aims to “compensate for cutbacks on the plasma display business” by driving further expansion in its growth businesses, such as car stereos.

Boost IT visibility and business value

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
For Lenovo US, 8-inch Windows tablets are DEAD – long live 8-inch Windows tablets
Reports it's killing off smaller slabs are greatly exaggerated
Cheer up, Nokia fans. It can start making mobes again in 18 months
The real winner of the Nokia sale is *drumroll* ... Nokia
Microsoft unsheathes cheap Android-killer: Behold, the Lumia 530
Say it with us: I'm King of the Landfill-ill-ill-ill
Seventh-gen SPARC silicon will accelerate Oracle databases
Uncle Larry's mutually-optimised stack to become clearer in August
EU dons gloves, pokes Google's deals with Android mobe makers
El Reg cops a squint at investigatory letters
Apple orders huge MOUNTAIN of 80 MILLION 'Air' iPhone 6s
Bigger, harder trouser bulges foretold for fanbois
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.