Hitachi, the world's 5th largest producer of plasma display technology, has announced it has postponed a decision on building its next plasma display factory. The company has now given itself until year's end to reach a decision on the next plant, as it struggles to keep up with rivals, including plasma TV leader Matsushita Electric Industrial Co.
The prices of Plasma TVs have been put under pressure from dropping prices in the LCD marker from manufacturers such as Samsung Electronics Co. Ltd and LG.Philips LCD Co. Ltd. Only last week, Pioneer Corp. announced delays in the production of a new plasma display factory also.
Source:
Reuters












