Plasma TV is Dead
As we predicted several years ago, plasma technology is on its way out. Putting one of the nails in the lengthy coffin is Pioneer Corp, who is stopping ALL production of plasma display panels. Last week we reported that they had decided to stop all 42-inch panel production, however that has now been expanded to its entire plasma line. This comes via an industry source briefed on the plan and quoted by Reuters in an article released today. Rather than panic, Pioneer shares immediately jumped to a four-month high following the report - up 11.2 percent.
You heard it here first: Plasma TV is dead.
Wow. Seems like such a radical move considering that most LCDs struggle to offer the same bright colors and contrasts that Plasma offers but considering the downside of having to deal with burn-in, I guess it has been long coming.
Hard to imagine that not too long ago I paid US$4k for this, and now it’s already obsolete. It’s only 720p, sure, but hey it’s still a decent display.
Read the rest of the article here.
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