Pioneer Exiting 42-inch Plasma Market

[admin]

According to a report by Reuters, Pioneer is ceasing the production of 42-inch plasma TV panels by March of 2009. It will continue to market and sell panels of that size by obtaining them from Panasonic and Hitachi, however Pioneer will focus solely on panel sizes of 50-inches or larger. The plant in contention is one which focused on this size panel located in Kagoshima (southern Japan) which Pioneer originally purchased from NEC. Pioneer is now looking to have NEC purchase the plant back so it can focus on larger panel sizes.


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[Biggiesized]

This confirms a month old rumor that Pioneer was exiting the 42" size plasma display panel market.

This makes sense for them too. They can't compete at those price levels with Panasonic or even LCD manufacturers.