Flatscreens Are Flat, So Pioneer Drops Them

Japan’s Pioneer Electronics is giving up on manufacturing their own plasma panels, and will simply buy them from other manufacturers and market them to consumers. The market for the panels is intensely competitive, and Pioneer has been bleeding red ink ever since it purchased  the plasma manufacturing operations of NEC Corp in 2004. As it downsizes its plasma business, Pioneer will now try to rebuild itself with help from rival Sharp Corp Pioneer and Sharp last year formed a capital and business partnership

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