Menu
First Avengers: Age of Ultron Trailer Released

First Avengers: Age of Ultron Trailer Released

Win $5,000 in the Big I4U News Black Friday 2014 Giveaway

Win $5,000 in the Big I4U News Black Friday 2014 Giveaway

Minka Kelly is Dating Captain America Star Chris Evans

Minka Kelly is Dating Captain America Star Chris Evans

Samsung Galaxy S5 to get Android 5.0 Update in December

Samsung Galaxy S5 to get Android 5.0 Update in December

Jenny McCarthy Dishes on Donnie Wahlberg's Penis

Jenny McCarthy Dishes on Donnie Wahlberg's Penis

Pioneer quitting TV Business in 2010 and cuts 10,000 Employees

Feb 12 2009, 3:00am CST | by , in News | Technology News

Pioneer quitting TV Business in 2010 and cuts 10,000 Employees
 
Buy Pioneer Kuro from Amazon Cyber Monday and Black Friday Now
 

The recent rumor that Pioneer would stop making TVs turned out to be true. Pioneer will exit the TV business by March 2010. To battle the losses Pioneer also announced plans to cut 10,000 employees, which amounts to about 16% of its workforce.

That is the end of the exceptional Pioneer Plasma HDTVs.
I am not sure if Pioneer can turn a corner with focusing on Audio and car entertainment. Only time will tell.
Via Bloomberg and Reuters.

Recommended For You

Comments

blog comments powered by Disqus