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Panasonic Ends Plasma TV Production

Panasonic has finally decided to end its Plasma TV production once and for all in December 2013. The axing of the manufacture of Plasma TVs was a step that was long due for Panasonic.

Oct 31 2013, 9:49am CDT | by

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Panasonic Ends Plasma TV Production
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Panasonic Ends Plasma TV Production

Sometimes enough is enough. The same was the case with Panasonic which finally decided to call it quits. Its Plasma TV project is being scrapped for good. This holiday season is set for the death blow that will rid Panasonic plasma display panels (PDPs). Panasonic will end plasma TV production in December 2013 for the growth of company. Plasma TV business operations are currently stopped at Amagasaki P3 Factory and suspended at Amagasaki P5 Factory. The remaining few factories including Amagasaki P4 Factory will be dismantled in March of next year

All sales programs shall cease herewith. This move has lifted a huge burden off Panasonic’s back. Now, it is an emancipated organization that can pursue its future interests with little hindrance. The slackened demand for Plasma TV had been adversely affecting the company’s image. However, all that is to be left behind in the past soon.

Panasonic has further pointed an accusing finger at the Lehman Brothers collapse of 2008 as one of the major reasons for this radical change. The extinction of these Plasma Display Units has spelled bad news for the fans of this form of technology throughout the world. 

Already, several manufacturing facilities have been shut down permanently. It seems this experiment too has gone the way of Communism, Nazism and the dinosaurs. It is to be left rotting away in the dustbin of history. Panasonic is looking elsewhere for inspiration. LCD TVs seem to be the favorite gadgets right now. They would serve as better choices than the by-now defunct PDPs.   

 

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<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
Sumayah Aamir (Google+) has deep experience in analyzing the latest trends.

 

 

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