Rumor: Pioneer ditching TV business altogether

Rumor has it that Pioneer may be exiting the TV business. Producer of arguably the world's best plasma high-def TV's, Pioneer has been evaluating and restructuring its business since last spring, and with the economy in turmoil, the company is undoubtedly having trouble moving its plasma inventory. At the beginning of 2008 I thought plasma was in trouble as more manufacturers and consumers were moving to cheaper LCD's. If Pioneer leaves, the plasma market will belong to Samsung and Panasonic, and maybe, just maybe, 2009 will be the year plasma dies.

via zdnet

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