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Fujitsu getting out of Plasma business

30 December 2007 17:55 by Andre "DVDBack23" Yoskowitz | 3 comments

The Board of Directors of Fujitsu have recently passed a resolution agreeing to cease all activities in the "visual display" business, primarily in the Plasma TV division. Fujitsu's VD division has been focusing its efforts mainly on Plasma displays in Europe and North America.

The company also focused on high-end products with concentration on the custom AV market specializing in advanced AV systems and high-end custom installations. The decision to cease activities was based on the fact of dropping profitability margins in the segment to "the point which the company could realize a satisfactory return on investment", the company said.

Fujitsu did note however that will continue its virtual display business in Japan and that it will provide service for its products even after its March 2008 business closure.

Source:
Digitimes

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Discuss this article!
vinny13 (Inactive) 31 December 2007 17:57
They made TVs? :S [ + quote]
borhan9 (AfterDawn Addict) 2 January 2008 18:08
The fact is that their getting out because they are not making enough money i wonder if they will go to the LCD market. [ + quote]
FreqNasty (Newbie) 25 February 2008 4:53
Fujitsu plasmas were always highly regarded in the industry. The picture quality was great. The prices they charged have always been more than the other brands and they haven't adjusted their prices accordingly. This has seen their sales drop off. I doubt they will get into LCD because of the low pricing. [ + quote]