Panasonic formally quits plasma TVs, blames Lehman Brothers even in any case this time

Panasonic officially quits plasma TVs, blames Lehman Brothers even after all this time

We might examine Panasonic to the character of Michael Myers approach too typically, however this Halloween the analogy is especially related given information the corporate is formally killing plasma TV manufacturing. Manufacturing of plasma panels will finish in December this yr, sooner than the most up-to-date rumor prompt, with the final remaining factories going darkish in March 2014 on the similar time gross sales efforts will stop. It is a strategic determination to unencumber assets, the agency claims, citing low demand for plasma and the influence of LCD improvement as causes for its exit. “Extreme worth competitors” because of the Lehman Brothers collapse means again in 2008 can also be blamed, so whenever you’re left wanting the nice and cozy glow of latest Panasonic plasma subsequent yr, you realize who to shake an indignant fist at.

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