Mobile/PDA About Us Advertise here


		User name	Password

		Not registered yet? Register here. Lost your password? Click here.

Browse by topic

News

Pioneer exiting the TV market

12 February 2009 19:57 by Andre "DVDBack23" Yoskowitz | 5 comments

Pioneer has confirmed rumors that have flared this week and will be dropping out of the TV business altogether.

The move follows the $1.44 billion USD loss the company has taken in the past year on its LCD and Plasma operations. Two factories will be shut down immediately and the company will completely phase out TVs by the Q1 2010.

Additionally, the company said it will cut costs by cutting 10,000 jobs, mainly in Japan.

In the TV business, Pioneer is best known for its high quality Kuro plasma TVs which enjoy high contrast ratios and color replication. Back in March however, the company said it would halt Plasma production to focus on LCD production.

Permalink to this article | Topic: HDTV

Pionner, Sharp to combine optical disc businesses into single venture (15 April 2009)

Company unveils 103-inch, 1,100-pound plasma TV (20 March 2009)

Hitachi fined over LCD price fixing (11 March 2009)

LG to exit Plasma TV business? (26 February 2009)

Vizio moves to second place in HDTV sales (22 February 2009)

Honeywell introduces 82-inch LCD HDTV (20 February 2009)

Vizio bows out of Plasma TV business (12 February 2009)

Pioneer to completely exit the TV market? (8 February 2009)

CES 2009: Pioneer introduced a trio of BD players (9 January 2009)

Pioneer launches LX01BD Blu-ray home cinema system (8 November 2008)

Pioneer releases $2200 USD Blu-ray player (25 August 2008)

« Previous news article
Live Nation and Ticketmaster plan merger

Next news article »
Free XBL coming for GTA IV: The Lost and Damned downloaders

Post your comment

Discuss this article!
DXR88 (Senior Member) 12 February 2009 21:32
Thats a damn shame too. id take Pioneer over Sony Anyday. [ + quote]
kubapolak (Junior Member) 12 February 2009 23:05
I do agree with that statement! [ + quote]
borhan9 (AfterDawn Addict) 13 February 2009 5:54
Sad to see them go. I hope they see this as a positive sign and make their existing products even stronger. [ + quote]
SuckRaven (Junior Member) 13 February 2009 12:40
This news is old. I read something about this back in May 2008. http://www.afterdawn.com/news/archive/13995.cfm It would be nice if Pioneer could sell or license the tech behind their KURO Elite displays to some other manufacturer, so we can still have awesomeness. Sadly though, the quality that Pioneer is known for will probably not be there though. [ + quote]
puterman (Junior Member) 17 February 2009 10:32
First DVD players now TVs. Won't be long and Pioneer will be another company of the past. Its a shame too. I would much rather have the quality for my money. [ + quote]