Pioneer to exit television business?
"We are now reviewing all the business operations"
9 February 2009 9:36 GMT / By Amy-Mae Elliott
A Nikkei news report suggests Pioneer is to exit the television business.
Citing industry sources, the reports state that the company will cease sales of its Kuro plasma televisions, an area of business it apparently loses money on.
Last year Pioneer announced it was to close its plasma panel factories and joined up with Panasonic in a partnership to produce the Kuro range.
A Pioneer spokesperson told Pocket-lint: "The Nikkei's article was published based on speculation by a Nikkei writer, not based on Pioneer's official announcement".
"We are now reviewing all the business operations to make our mid-term business strategy group-wide. As soon as it is completed, we will officially announce it".
Latest in Home Cinema
Latest on Pocket-lint
-
HOME CINEMA
Sony 3DTV Priced And Dated
-
HOME CINEMA
Panasonic 3DTV On Sale In US
-
HOME CINEMA
Microsoft To Launch iPlayer Rival
PHONES
iPhone 4G snapped in ultimate spy shot homage You've got to give it to them - at least they've tried.
PHONES
HTC Legend mobile phone Will it be legendary?
GAMING
Sony PlayStation Move motion controller confirmed Hopes to move your gaming to new dimension
Comments