Sony to exit plasma TV business, shift focus to LCD models: report
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TOKYO  - Sony Corp. plans to withdraw from the plasma television business as early as the first half of 2005, a news report said.
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com December 22, 2004, 1:59 PM PT. Sony Electronics issued a statement Wednesday refuting reports that it&#39;s getting out of the plasma TV business.
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Sony Corp. plans to cut capital expenditures at its semiconductor operations by a "large amount," a company executive said Tuesday, weeks after the electronics giant reported a drop in profits for the latest quarter.
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The HDTV technology company is moving a key part of its future in house.
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Toshiba Corp  is planning to give up on its HD DVD format for high-definition video, conceding defeat to the competing Blu-Ray technology backed by Sony Corp , a company source said on Saturday.
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MINNEAPOLIS -- The nation's largest consumer electronics chain says it has pulled all analog televisions off store shelves. Flat panel and high-definition screens have taken their place.
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Sony Corp. may withdraw from joint research on next-generation computer chips after agreeing to sell its production operations for the brains inside the PlayStation 3, a spokesman said Wednesday.
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Toshiba plans to stop manufacturing and selling plasma display panel (PDP) TVs in Japan by next summer, and then discontinue the products in other markets after that.
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A REPORT IN the Japan Times which suggested that Sony is reducing its investment in plasma TVs and could exit it completely has been denied.
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Toshiba Corp is planning to give up on  its HD DVD format for high definition DVDs, conceding defeat to  the competing Blu-Ray technology backed by Sony Corp, a company  source said on Saturday.
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TOKYO: Sony said on Monday it would continue to make and sell plasma televisions, denying a newspaper report it would exit the business and focus its efforts on liquid crystal display and rear-projection models.
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Sony Corp. (6758.T: Quote, Profile, Research) on Wednesday said it had no plans to abandon the market for plasma-screen television sets in the United States in the near term, though
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Euthanasia performed on its PDP TV range Japan-based Fujitsu has announced that it will end production of plasma screens due to poor profitability. The company was the first to commercially introduce this technology in 1992, but sales of plasma TVs have been falling behind those for LCDs.â¦
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Japan's Sony Corp. does not expect a sharp recovery in the profitability of its home electronics business during the crucial October to December quarter, citing high costs to develop flat-panel televisions and a shrinking market for home audio goods.
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Sony Corp. on Thursday cut its operating  profit estimate for this business year by 31 percent, citing  sharply falling prices of televisions, video cameras and other  key consumer electronics products, and weak demand for chips.
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TOKYO: Japanese consumer products giant Sony Corp. denied Monday a report it planned to withdraw from the plasma television business but said its priority in flat-panel TVs remained liquid crystal display (LCD) sets.
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Sony Corp. plans to withdraw from the plasma television business as early as the first half of 2005, a news report said.