Philips Dropping Plasmas In 2009

With all of the restructuring happening in the plasma TV industry lately, from Pioneer right down to Philips now, we're wondering again if 2008 really is the beginning of the end of plasma. Last year Philips started to cut down on its plasma TV shipments and moved out of China altogether, and with plasmas shipping roughly 10% the volume of LCD TV shipments this year, Funai, the company behind the Philips brand has stated no new models will be released post-2008. Although they'll still ship about 500, 000 sets this year, no new models next year is a pretty good indication that Philips will pack it in and quit entirely.

Via Digitimes

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