Thursday, February 12, 2009

Pioneer Getting Out Of The TV Business


The makers of the greatest Plasma TV's has decided to call it quits as of March 2010. Pioneer has made it official that they will exit the TV business. Pioneer had originally stated that they would move their manufacturing of the plasma sets to the new Panasonic factory that was scheduled for construction. But with the had economic times Panasonic has put the factory on hold for now, forcing Pioneer to end its best-in-class plasma display Kuro line production.

Pioneer makes some of the sweetest HDTV's out there, but most people can't afford the 4 to 5 thousand dollar price tag that comes with it. This has forced many consumers to look at LCD as a better choice, and considering that the displays are almost equal to plasma, it has become a no brainer.

[Cnet]

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