Pioneer Ending Plasma Production

[Stanley Kritzik]

One casualty of the electronics slump (and, maybe, newer technology) involves Pioneer Corp.  They are getting out of the plasma flat screen manufacturing business.  The news I saw was unclear as to whether they would keep on selling video screens -- LCD or Plasma -- made by others, but, for sure, they are out of the plasma manufacturing business, and they say they'll be out of the display business by March, 2010.  So, I guess, in a year -- no more Pioneer flat screens.  (Pioneer has lost money for the last five straight years.)

Stan

[OlsonNet]

Got my 60" KURO a couple months ago. At least I won't have to be annoyed when a newer model is released anymore. Great display

[skier8734]

http://www.tomsguide.com/us/vizio-lcd-plasma-pioneer-hdtv,news-3475.html

Vizio is also ditching plasma as they arn't bright enough to wow the typical consumer in a big box store under the bright florescent lights.

[Danno321]

Where is the "rich" consumer?  They didn't understand that Plasma is far superior to LCD?  Or they bought Panasonic Plasma?  Either way this is a bad omen for the coming financial stress.