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.com
-
HOME CINEMA
10 Xmas Gifts For AV lovers
-
HOME CINEMA
Epson EH-TW2900
-
HOME CINEMA
Transformers: Revenge of the Fallen
PHONES
Nokia N900 mobile phone Will this revive Nokia's fortunes?
PHONES
PHOTOS: First ELSE hands-on Up close and personal
AUDIO
Vodafone Pocket-lint Gadget Awards date confirmed and tickets on sale Get your tickets today





Comments