Sony Stops Making Plasma TVs

Dec 20 2004, 3:36am EST | by Luigi Lugmayr

Sony Wega KDE-61XBR950 Plamsa TV Sony is apparently getting out of the Plasma TV business and only focus on LCD Flat Panel TVs.

Sony wants to consolidate its business resources and concentrat on LCD TVs to enhance its price competitiveness in the global markets.

Sony's TV business is more then 900 billion yen annually. Sony remains the largest TV manufacturer but it is behind Sharp and others in the flat-panel TV market.

So is Plasma TV Technology dead? It could be that the price difference will get bigger between Plasma and LCD and the quality of LCD is continueing to improve. On the other hand Samsung demonstrated a huge 102 inch Plasma TV the other day showing that Plasma TVs are leading in size.
More details on Nikkei.Net (Subscription).

Find the best Flat Screen TVs in our FlatScreenMania Shopping Guide.

Update 12/20/04 9:37am:
Sony denies above News Paper report and says it will continue to make Plasma TVs. See this BBC story. (via Engadget).

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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.