Is the Japanese TV Business Facing Extinction?
You would be forgiven for thinking that TV manufacturers were doing pretty well. After all, for the last few years we've seen abundance of new products flooding the market: 3D, ultra-skinny backlit LED, 70+ behemoths, 21:9 ratio sets and OLED is being released later this year. Despite this, all is not well in TV-land. Several manufacturers have recently issues losses (or warnings of losses) in their TV divisions:
For the complete story and more visit the Hot Stories section at HomeToys.com

You would be forgiven for thinking that TV manufacturers were doing pretty well. After all, for the last few years we've seen abundance of new products flooding the market: 3D, ultra-skinny backlit LED, 70+ behemoths, 21:9 ratio sets and OLED is being released later this year. Despite this, all is not well in TV-land. Several manufacturers have recently issues losses (or warnings of losses) in their TV divisions:
- Panasonic warned of $10.2B loss and reduced projected shipments of TV from 19 million to 18 million sets this year.
- A few days ago, Sharp announced its worst ever annual loss of $3.8b and said it will cut the output at its largest TV panel factory by 50% to reduce inventory.
- Sony is predicting losses in its TV business for the 8th consecutive year.
- Hitachi announced that it will stop making TV's in its Gifu facility by September this year.
- In 2011, Philips abandoned TV production.
For the complete story and more visit the Hot Stories section at HomeToys.com















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