Matsushita Scared Of Its Plasma Panel Market Dominance

Posted: Feb 2 2007, 1:00pm CST | by , Updated: Aug 11 2010, 12:54am CDT, in News | Home Entertainment

 
Matsushita Scared of its Plasma Panel Market Dominance
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Matsushita Electric Industrial dominates the Plasma panel market with 40.1% market share in the October-December 2006 time frame. Still the company is not that happy about this success.

LG and Samsung dropped below 30% market share. Matsushita (Panasonic) even had a record quarter in terms of profit. Still the company said it is not necessarily a good thing to dominate the Plasma panel market and push out other manufacturers. It could hurt the market overall and therefore also Panasonic, who only bets on Plasma.
Plasma panels got under intense pressure from the LCD panels, which are now closing in on the sweet spot sizes of 42 and 50 inch and turn the price wheel downwards in a big way. Panasonic is still going to open another Plasma TV plant. Pioneer on the other hand stopped their plans to open another plant.
More details on BusinessWeek and Nikkei.Net (Subscription).

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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