Mitsubishi Elec to Stop Making Large LCD Panels
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Japan's Mitsubishi Electric Corp. said on Tuesday it would gradually stop making liquid crystal display (LCD) panels for televisions and computers, instead focusing on smaller LCD panels.
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Reuters reported on Monday that Japanese electronics titan Sony (NYSE: SNE) may pull out of the market for plasma flat-panel television sets by as early as spring 2005.
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(InfoWorld) - Matsushita Electric Industrial Co.Â (Panasonic) and HitachiÂ have agreed to mutually supply PDP (plasma display panel) screens to each other as part of a deal reached to help boost profits in the competitive business area. Panasonic will start to supply Hitachi with 103-inch plasma panels this year and Hitachi will supply 85-inch panels to Panasonic from 2008, they said in a statement. The deal means that each company will be able to offer TV sets in each screen size without producing both size panels themselves. The relationship should also mean a stable supply of panels. While Panasonic and Hitachi compete on the shop floor for consumer PDP TV sales they have been working together behind the scenes on PDP research, development and production since 2006. The PDP industry is coming under increasing pressure from manufacturers of competing LCD (liquid crystal display) technology and that's pushing down prices and shaving profits. Deals like that announced on Thursday are intended to help keep the business profitable. The competition is being felt through the entire PDP industry. Last week South Korea's LG Electronics said it willÂ cut back production of PDP screensÂ by closing the oldest of its three plants but not increasing production at its other two factories to compensate. As a result, monthly capacity will drop from 430,000 panels to 360,000 panels. In JanuaryÂ Pioneer put plans to build a new PDP factory on hold. It blamed poor sales in the U.S. over the year-end holidays for the decision. In the first quarter of 2007 shipments of PDP panels fell 1 percent compared to the same period last year -- the first time the industry has seen a year-on-year decline, according to DisplaySearch. The drop was attributed to a loss of market share to LCDs at screen sizes over 37 inches. Total PDP shipments in the first quarter were 2.3 million, the industry researcher said. Â
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InfoWorld - Matsushita Electric Industrial Co.&#160;(Panasonic) and Hitachi&#160;have agreed to mutually supply PDP (plasma display panel) screens to each other as part of a deal reached to help boost profits in the competitive business area.
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By Kyodo News International, Tokyo  Feb. 1--TOKYO -- Sony Corp. plans to shut down its Osaki West Technology  Center in Tokyo's Shinagawa Ward at the end of March in what will be a major  turning point in its TV production business, sources familiar with the plan  said Thursday.
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Dell, HP and Lenovo may get burned A fire at Lite-On's main flat-panel monitor factory in China could disrupt LCD display supplies across the PC industry.â¦
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Japan's Toshiba Corp (6502.T) will  announce plans to cease production and sales of HD DVD players  on Tuesday, the Nikkei business daily said.
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Electronics retailer trims guidance as Americans curb spending.
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Japan's Mitsubishi Electric Corp. said that it plans to wind down production of large-size liquid crystal display (LCD) panels to focus on smaller panels because of price competition.
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Company is working on flexible display technologies.
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Intel has stopped development of a display chip for large-screen television sets. The cancellation is yet another product setback this year for the world&#39;s largest chipmaker, which has struggled with several product delays.
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Toshiba plans to drop out of the plasma display panel television market and next summer will start producing surface conduction electron emitter display (SED) panels for flat panel televisions with 40-inch or larger screens.
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Sony is dropping its money-losing rear-projection TV business worldwide to focus on two flat panel technologies Â liquid crystal display and organic light-emitting diode, the company said Thursday.
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LG.Philips LCD Co. Ltd. , the world's second-biggest maker of large liquid crystal display (LCD) panels, said on Sunday it would increase the capacity of its biggest TV panel production line by 22 percent to meet growing demand for large LCD televisions.
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TOKYO - Toshiba Corp. plans to abandon the plasma display panel television market and would begin next summer producing surface conduction electron emitter display (SED) panels for flat panel televisions with 40-inch or larger screens.
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The world&#39;s largest chipmaker, which has had product delays, manufacturing snafus and canceled the 4-GHz version of Pentium 4, has now axed its plans to build chips for big-screen, high-definition TV sets.
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(InfoWorld) - Dell will sell a wider variety of television sets made by other manufacturers over its Web site but denied reports that it plans to stop making LCD TVs. A number of industry blogs reported Thursday that Dell would exit the LCD display market as soon as June, citing a story in the Taiwanese newspaper Economic Daily. That move would allow the company to focus on selling more profitable PCs, the report said. On Thursday, Dell acknowledged that it is making changes to its TV line, but said it will continue to sell Dell-branded televisions with screens of 37 inches and smaller. "We will soon offer a wider assortment of televisions from leading manufacturers that feature the latest technology and meet Dell's high standards for performance," said Dell spokeswoman Rachel Lyon. The first step in that plan was Dell's move in February to add Sony LCD televisions with screens between 40 inches and 46 inches to the range of products sold on Dell.com, she said. Dell also sells TVs made by Matsushita ElectricÂ (Panasonic), Pioneer, Samsung, and ViewSonic. "Nothing has changed from what we communicated in February," Lyon said. If Dell's television lineup remains constant, it will be one of the few parts of the company to avoid sweeping changes in coming months. Dell is in the midst of a corporate reorganization that includesÂ laying off 10 percent of its 88,100 workersÂ in an effort to rebound from sinking profit and market share, the company said when it reported quarterly earnings last Thursday. The changes also include an overhaul of the company's core business model. On May 24, the company saidÂ it will soon begin selling desktop PCs in Wal-Mart retail stores, marking a departure from the "direct sales" approach it used to become the world's largest PC vendor until 2006. In recent quarters,Â Dell lost that title to rival Hewlett-PackardÂ in a slump that pushed company founderÂ Michael Dell to return to the job of chief executiveÂ after stepping aside to become chairman in 2004. It will take time until those reforms can begin to stop Dell's losses. The company was the only one of the world's top five PC vendors to ship fewer computers in the first quarter of 2007 than in that same period in 2006, according to a report released Tuesday by iSuppli. Dell held onto its second-place ranking behind HP even though its shipments dropped 6.8 percent. In comparison, HP shipped 26.5 percent more PCs during the first quarter than a year ago, and Acer. showed a huge increase of 45.8 percent, allowing it pass Lenovo and move into third place, iSuppli said.