Best Selling HDTVs

September 18, 2008

Hitachi Gets Desperate: Buying Plasma Panels From Panasonic In Last Ditch Attempt To Save Business

P60X901-25(2).jpgLast time we heard Hitachi was planning to pack in its struggling plasma business, but it looks like the company with a 7.5% plasma market share has come up with another plan. Hitachi is planning on buying fabricated glass panels from Panasonic, joining Pioneer in Panasonic's new roster of plasma part customers. Hitachi will continue to make circuit boards on their own, but the new Panasonic deal isn't the only one Hitachi has cut with the company. Last year, Hitachi also outsourced its LCD panel manufacturing to Panasonic, amid slumping sales in the US and Europe leading to a $383 million loss.

Can Hitachi turn around its dying flat-panel business? We say NO.

Via Reuters

Read More in: Plasma

Share this Article with others: social bookmarking

Related Articles:

Came straight to this page? Visit TV Snob for all the latest news.

Posted by Justin Davey at September 18, 2008 5:28 AM

Recent Comments
Post a comment









Remember personal info?




Please enter the letter "t" in the field below:
Please press Post only once. Submission of comments takes up to 20 seconds because of Spam Filtering.
Steals & Deals
See all of the TV Snob Steals and Deals

Join the Mailing List Mailing List
Enter your Email


Powered by FeedBlitz
Subscribe - RSS

facebook_badge.jpg twitter_badge.jpg

Site Navigation

Visit our other properties at Blogpire.com!

Archives

TechPiree

This weblog is licensed under a Creative Commons License.

Powered by
Movable Type 6.3
All items Copyright © 1999-2017 Blogpire Productions. Please read our Disclaimer and Privacy Policy