gearlog.com - 2/6/2009
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A report in the Nikkei business paper claims that Pioneer may be exiting the TV business altogther, and spinning off its DVD operation.
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Pioneer reportedly ending TV production, spinning off DVD business
Engadget —
... off into a new venture with Sharp as part of a plan to shed several thousand employees over the next year, including a shutdown of its Shizuoka plant, along with already planned closings in the U.S. and Europe. Honestly, we should have seen things were going badly when it let LaserDisc die, but the worsening economy may have proved too tough for the idea that its Kuro and Elite line of products would not be subject to the ups and downs of the economy. [Via Gearlog, registration required on read link] Filed under: Displays, HDTV ...
Report: Pioneer Exiting TV Business, Spinning Off DVD
DriverHeaven.net —
... A report in the Nikkei Japanese business journal Friday claims that "Pioneer Corp. will pull the plug on its loss-ridden television business and shift its DVD player operations to a new venture with Sharp Corp. in a sweeping overhaul," according to the paper.
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Source: Gearlog ...
Pioneer to exit TV market, spin off DVD business
DV Hardware —
... will reportedly exit the TV market and spin off its DVD business unit:
A report in the Nikkei Japanese business journal Friday claims that "Pioneer Corp. will pull the plug on its loss-ridden television business and shift its DVD player operations to a new venture with Sharp Corp. in a sweeping overhaul," according to the paper.
Late Friday, a spokeswoman for Pioneer's USA businesses did not specifically confirm or deny the report.
More info over here. Pioneer to exit TV market, spin off DVD business - ...
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Report: Pioneer to exit TV business —
CNET News - Business Tech 2/6/2009
Updated at 2:35 p.m. PST with comment from Pioneer.
Pioneer will no longer manufacture televisions and plans to spin off its DVD player business into a joint venture with Sharp, according to a report in Japan's Nikkei newspaper.
The ...