Panasonic allegedly pulling the plug on its plasma TV business
In spite of denying being on the rope, Panasonic is no longer rolling with the punches and might throw in the towel anytime soon. According to Nikkei, Panasonic is pulling the plug on its plasma TV line. Panasonic is one of the pioneers of the plasma display panel, previously going toe-to-toe with Fujitsu and Philips.
Reuters is also backing up the report, citing sources who said that the plasma television panel busines will be discontinued by March 2014, when Panasonic ends its financial year. Reuters adds that the move highlights Kazuhiro Tsuga's desperate plan to end years of losses.
Gene Ryan Briones Gene Ryan Briones (Google+) is a technology journalist with a wide experience in writing about the latest trends in the technology industry, ranging from mobile technology, gadgets and robots, as well as computer hardware and software.
The Sexiest Halloween Costumes of 2014
Halloween is approaching fast. Usually we feature first our annual Top Costumes for Geeks guide, but we stumbled over a new costume that inspired us to do a sexiest Halloween Costumes Guide first.
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