Pioneer to post loss, exit plasma display production
Consumer electronics maker Pioneer Corp (6773.T: Quote, Profile, Research) said it would fall into the red for the fourth straight year on costs to scrap production of plasma displays as it rejigs its strategy in the cut-throat flat TV market.Pioneer is expected to now turn to Panasonic brand maker Matsushita Electric Industrial Co (6752.T: Quote, [...]
Pioneer to post loss, exit plasma display production
Consumer electronics maker Pioneer Corp (6773.T: Quote, Profile, Research) said it would fall into the red for the fourth straight year on costs to scrap production of plasma displays as it rejigs its strategy in the cut-throat flat TV market.Pioneer is expected to now turn to Panasonic brand maker Matsushita Electric Industrial Co (6752.T: Quote, [...]