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gearlog.com - 2/6/2009

Report: Pioneer Exiting TV Business, Spinning Off DVD

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A report in the Nikkei Japanese business journal Friday claims that "Pioneer Corp. will pull the plug on its loss-ridden television business and shift its DVD player operations to a new venture with Sharp Corp. in a sweeping overhaul," according to the paper. We have placed a call and an ...

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Pioneer Televisions Go Dark
Wired: Gadget Lab — ... Some keen eyes spotted the absence of LCD TVs at the Pioneer booth in the Consumer Electronics Show last month, which seems to indicate the decision may have been taken more than a few weeks ago. ...

Pioneer reportedly ending TV production, spinning off DVD business
Engadget HD — ... off into a new venture with Sharp as part of a plan to shed several thousand employees over the next year, including a shutdown of its Shizuoka plant, along with already planned closings in the U.S. and Europe. Honestly, we should have seen things were going badly when it let LaserDisc die, but the worsening economy may have proved to tough for the idea that its Kuro and Elite line of products would not be subject to the ups and downs of the economy. [Via Gearlog, registration required on read link] Pioneer reportedly ending TV production, ...

Pioneer reportedly ending TV production, spinning off DVD business
Engadget — ... off into a new venture with Sharp as part of a plan to shed several thousand employees over the next year, including a shutdown of its Shizuoka plant, along with already planned closings in the U.S. and Europe. Honestly, we should have seen things were going badly when it let LaserDisc die, but the worsening economy may have proved to tough for the idea that its Kuro and Elite line of products would not be subject to the ups and downs of the economy. [Via Gearlog, registration required on read link] Filed under: Displays, HDTV ...

Pioneer Ending HDTV Production
HDTV Lounge — ... will end it’s TV development and production completely, and it’s DVD business will be spun off in a new venture with Sharp. Pioneer recently announced it was planing to source it’s plasma panels from Panasonic, but are facing losses of 100 billion yen ($1.1 Billion). With plans to shutdown it’s Shizuoka plant, along with U.S and Europe closings. With the current state of the economy and high costs of Pioneer’s TV we suspect there is some truth to this report, unfortunately. Via: GearLog