Matsushita Has Plans To Takeover The Plasma TV Market, Begin Producing OLED TV's

Osakabe Akihiko, president of the plasma display wing in Panasonic's Shanghai branch, says the company plans to dominate the plasma TV market this year reaching for a 60% market share. The company is apparently quite comfortable with their prospects, investing 300 billion yen in a new LCD panel plant for IPS Alpha Technology, giving Matsushita a 50% share in the company and a goal of a 10% LCD market share by the end of the year. Perhaps the best news from Matsushita is their plans to begin OLED TV production sometime in the near future.

Via Digitimes

Read More in: Plasma

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