![]() Investors have long known that Pioneer was bleeding red ink over its plasma division having several years ago decided not to compete in the low-price market. Our guess is that Sharp is going to be the first to market with the new line of super-thin LCD panels that fans such as myself have been dreaming about for some time. This makes three major manufacturers who are backing Sharp panel production in the coming year (inclusive of both Toshiba and Sony Electronics). Now, Pioneer will buy its panels from the competing brand and it will begin picking up LCD panels from. Pioneer is the world's fifth-largest plasma TV manufacturer and has constantly struggled for relevance against the larger Panasonic brand (Matsushita). You heard it here first: Plasma TV is dead. Rather than panic, Pioneer shares immediately jumped to a four-month high following the report - up 11.2 percent. ![]() This comes via an industry source briefed on the plan and quoted by Reuters in an article released today. Last week we reported that they had decided to stop all 42-inch panel production, however that has now been expanded to its entire plasma line. ![]() ![]() Stopping ALL production of plasma display Putting one of the nails in the lengthy coffin is Pioneer Corp, who is As we predicted several years ago, plasma technology is on its way out. ![]()
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