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Panasonic and Hitachi join up for HDTV production

21 September 2008 15:15 by Andre "DVDBack23" Yoskowitz | 3 comments

Hitachi announced on Thursday that among other changes to its HDTV production line, it will be teaming up with Panasonic to develop "next-generation LCD and plasma HDTVs that are thinner, more efficient and distinct from their competition."

Hitachi claims they had an over $1 billion USD loss for fiscal 2007 in the HDTV business and the electronics maker is now hoping to move into the higher-end HDTV market to help make their money back.

The partnership with Panasonic will include the company buying glass panel components from Panasonic as well as purchasing full plasma panels built by the latter company beginning in 2010.

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fgamer (Member) 22 September 2008 11:45
Would be nice if some of these companies would reduce their price because @ this point HDTV's are still out of reach of allot of people. So I think working on "higher-end" HDTV's may not necessarily be the answer to gaining profits. [ + quote]
iamgq (Newbie) 22 September 2008 12:16
With all forces combined, they form Panatachi! I hope too prices get better. [ + quote]
lynchGOP (Inactive) 22 September 2008 16:47
*Originally posted by iamgq:* With all forces combined, they form Panatachi! I hope too prices get better. How about "Hitachisonic". Nawww.........."Panatachi" sounds better. Funnier too. [ + quote]