Panasonic To Stop Making LCD Panels For TVs

AmiMoJo quotes a report from NHK WORLD: Japanese electronics maker Panasonic says it will stop making LCD panels for televisions, giving way to fierce price competition. The pullout from TV LCD manufacturing follows the company’s withdrawal from plasma TV production 3 years ago. They say they will continue to manufacture LCD panels at the plant for products other than televisions, such as medical equipment and cars. They say the company will keep making Panasonic-brand televisions, using panels supplied by other manufacturers. After Panasonic pulls out, Sharp and its Taiwanese parent firm Hon Hai will be the only producer in Japan.

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