Pioneer To End TV Production - AVS Forum | Home Theater Discussions And Reviews
Forum Jump: 
Closed Thread
 
Thread Tools
post #1 of 2692 Old 02-06-2009, 09:41 AM - Thread Starter
Member
 
Ken1015's Avatar
 
Join Date: Dec 2002
Location: Chicago, IL
Posts: 28
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
Liked: 10
I just saw this story on the Dow Jones newswire and almost did a spit take while eating lunch. This is horrible news. I planned on getting a Kuro this summer and now I may have to push the date forward.

02/06 12:12P (DJ) DJ Pioneer To End TV Production, Spin Off DVD
Development-Nikkei
Story 6368 (6752.TO, 6753.TO, 6773.TO, PC, SHCAY, JP3359600008...)
TOKYO (Nikkei)--Pioneer Corp. (6773.TO) will pull the plug on its
loss-ridden television business and shift its DVD player operations to a new
venture with Sharp Corp. (6753.TO) in a sweeping overhaul, The Nikkei reported
in its Thursday morning edition.
The company had been planning to end in-house production of plasma panels by
the end of March and outfit its TVs with Panasonic Corp. (6752.TO) panels
instead. Faced with worsening profit margins, however, it has decided to end
TV development and production altogether.
Pioneer will idle its lone domestic TV factory in Shizuoka Prefecture
sometime this year. Factories in the U.S. and Europe are already slated for
closure.
Sales of Pioneer TVs will continue for the time being. The company has not
yet decided what to do when inventories run out.
Meanwhile, Pioneer will spin off its DVD player operations, which are
equally steeped in losses, to a new company to be set up with Sharp as early
as this spring.
The company plans to eliminate several thousand of its roughly 40,000
groupwide jobs in the year ending March 2010. Pioneer is likely to post a
consolidated net loss of more than Y100 billion for the year ending this
March, wider than the Y78 billion loss it forecast earlier.

Click here to go to Dow Jones NewsPlus, a web front page of today's most
important business and market news, analysis and commentary:
http://www.djnewsplus.com/nae/al?rnd...tSjGoMmw%3D%3D. You can use
this link on the day this article is published and the following day.


(END) Dow Jones Newswires
02-06-09 1212ET
Additional Codes ( JP3780200006, JP3866800000, US69832A2050, US8198822004,
I/CSE, I/ENT, I/X225, I/XATI, I/XDJGI, I/XGDW, I/XISL, I/XNYA, N/DJIN, N/DJN,
N/DJWB, N/ADR, N/APIN, N/CAC, N/CNW, N/DJPN, N/DJWI, N/HED, N/NIK, N/NJR,
N/NKR, N/PRSS, N/SPN, N/TPCT, N/TSY, N/WEI, M/NCY, M/NND, M/TPX, P/MDK,
R/ASI, R/FE, R/JA, R/PRM)
Ken1015 is offline  
Sponsored Links
Advertisement
 
post #2 of 2692 Old 02-06-2009, 09:43 AM
 
ROMAN O's Avatar
 
Join Date: Mar 2008
Location: Nationwide Staples
Posts: 4,406
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Liked: 11
get a kuro while you can
ROMAN O is offline  
post #3 of 2692 Old 02-06-2009, 09:45 AM
AVS Forum Special Member
 
E-A-G-L-E-S's Avatar
 
Join Date: Aug 2007
Posts: 7,625
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Liked: 11
Am I reading this right that there will be no more, *including no 10g even?
If this is legit...this is a TERRIBLE day in videphiles history.
Come on OLED and/or SED.....cannot only be LCD's.
I might buy a second 9g if this turns out to be legit.
gus738 likes this.
E-A-G-L-E-S is offline  
Sponsored Links
Advertisement
 
post #4 of 2692 Old 02-06-2009, 09:47 AM
Member
 
Andrmgic's Avatar
 
Join Date: Nov 2007
Posts: 197
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 13 Post(s)
Liked: 22
Damn.. I'm glad I ordered when I did..
Andrmgic is offline  
post #5 of 2692 Old 02-06-2009, 09:51 AM
AVS Forum Special Member
 
davyo's Avatar
 
Join Date: Jul 2001
Location: las vegas nevada
Posts: 4,301
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 7 Post(s)
Liked: 24
FOR SALE:
Brand new Kuro 6020, still in the box, never used (I'm taking delivery of it today).
First $20,000.00 takes it.
Will not ship, must be pick-up localy in Las Vegas Nv.

Message me if interested.

Cheers
Davyo
davyo is offline  
post #6 of 2692 Old 02-06-2009, 09:51 AM
AVS Forum Addicted Member
 
D-Nice's Avatar
 
Join Date: Dec 2004
Location: Columbia, SC
Posts: 16,771
Mentioned: 120 Post(s)
Tagged: 1 Thread(s)
Quoted: 1821 Post(s)
Liked: 3584
I literally just got the news too.
Very sad day for the PDP business.

Auditor55 is going to love this.
D-Nice is offline  
post #7 of 2692 Old 02-06-2009, 09:53 AM
AVS Forum Special Member
 
chadmak09's Avatar
 
Join Date: Oct 2007
Location: Alabama
Posts: 2,974
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Liked: 12
Man, I hope this is a mistake.

Like eagles said, if it isn't, its a sad day for videophiles.



D-Nice, where are you.

We need some clarification on this.
chadmak09 is offline  
post #8 of 2692 Old 02-06-2009, 09:53 AM
 
ROMAN O's Avatar
 
Join Date: Mar 2008
Location: Nationwide Staples
Posts: 4,406
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Liked: 11
Quote:
Originally Posted by E-A-G-L-E-S View Post

If this is legit...this is a TERRIBLE day in videphiles history.
.

Yea I AGREE
ROMAN O is offline  
post #9 of 2692 Old 02-06-2009, 09:54 AM
 
ROMAN O's Avatar
 
Join Date: Mar 2008
Location: Nationwide Staples
Posts: 4,406
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Liked: 11
Quote:
Originally Posted by chadmak09 View Post

Man, I hope this is a mistake.

Like eagles said, if it isn't, its a sad day for videophiles.



D-Nice, where are you.

We need some clarification on this.

I am waiting for clarification but I think it is true.
ROMAN O is offline  
post #10 of 2692 Old 02-06-2009, 09:56 AM
AVS Forum Special Member
 
LS2JSTS's Avatar
 
Join Date: May 2008
Posts: 1,073
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Liked: 10
A very sad day indeed.

05-1.3H BJC-3808-1.3H BJC-5080
LS2JSTS is offline  
post #11 of 2692 Old 02-06-2009, 09:57 AM
Senior Member
 
silverfx's Avatar
 
Join Date: Feb 2005
Location: Cary, NC
Posts: 300
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 12 Post(s)
Liked: 12
Doh!

HT: JVC RS4910, Carada BW 150", Oppo 103D, Onkyo 876, Polk RT
Panasonic 65ST50, 55ST50, 50PZ85U
silverfx is offline  
post #12 of 2692 Old 02-06-2009, 09:58 AM
AVS Forum Special Member
 
VidPro's Avatar
 
Join Date: Apr 2007
Posts: 3,408
Mentioned: 26 Post(s)
Tagged: 0 Thread(s)
Quoted: 1462 Post(s)
Liked: 1202
Holy cow! I'm glad I got a 111fd.

I had to check the calendar to see if it was April 1st!

The television screen is the retina of the mind's eye.
Sony XBR-65A1E OLED/Denon X4300H/Oppo 203/Klipsch RVX‑42/PS4 Pro/Xbox One X/5.1.2
VidPro is offline  
post #13 of 2692 Old 02-06-2009, 09:58 AM
AVS Forum Special Member
 
chadmak09's Avatar
 
Join Date: Oct 2007
Location: Alabama
Posts: 2,974
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Liked: 12
My quest for the Perfect Tv just got set back by years with this news.

Maybe Pioneer will sell its ECC tech to panny and it will go forward.
chadmak09 is offline  
post #14 of 2692 Old 02-06-2009, 09:59 AM
Senior Member
 
Sonnydigs's Avatar
 
Join Date: Dec 2008
Location: Ft Worth, Texas
Posts: 411
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Liked: 10
Quote:
Originally Posted by ROMAN O View Post

get a kuro while you can

I would say you are correct, get it while you can...

My wife had actually heard on the National news yesterday that Pioneer was going to lay off 15,000 employees..
So I guess it all makes sense now..
Sonny
Sonnydigs is offline  
post #15 of 2692 Old 02-06-2009, 10:00 AM
Super Moderator
 
markrubin's Avatar
 
Join Date: May 2001
Location: Jersey Shore
Posts: 21,103
Mentioned: 58 Post(s)
Tagged: 0 Thread(s)
Quoted: 1776 Post(s)
Liked: 3544
Ouch

this is very bad news

please take the high road in every post:do not respond to or quote a problematic post: report it
HDMI.org:what a mess HDCP = Hollywood's Draconian Copy Protection system
LG C9 OLED owner


markrubin is offline  
post #16 of 2692 Old 02-06-2009, 10:01 AM
AVS Forum Addicted Member
 
zoro's Avatar
 
Join Date: Mar 2002
Posts: 10,457
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 225 Post(s)
Liked: 41
I do not think, IT IS END OF WORLD! Cmon Pioneer say Ola to LCD world, bye bye PLASMA! Pioneer know their niche!
zoro is offline  
post #17 of 2692 Old 02-06-2009, 10:01 AM
AVS Forum Special Member
 
discopaul's Avatar
 
Join Date: Jan 2007
Posts: 3,447
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 113 Post(s)
Liked: 51
Well, it is sad news but quite frankly no surprise. The writing was on the wall. As I and a couple others mentioned, losses over the last 4/5 years along with the current worldwide economic crisis left them no choice.
And as I mentioned, it makes more sense for them to continue in other profitable business groups.

This is not the end for plasma. Samsung, Panasonic, and LG will continue development in that area so plasma fans need not despair.
discopaul is offline  
post #18 of 2692 Old 02-06-2009, 10:02 AM
AVS Forum Addicted Member
 
D-Nice's Avatar
 
Join Date: Dec 2004
Location: Columbia, SC
Posts: 16,771
Mentioned: 120 Post(s)
Tagged: 1 Thread(s)
Quoted: 1821 Post(s)
Liked: 3584
Quote:
Originally Posted by chadmak09 View Post

My quest for the Perfect Tv just got set back by years with this news.

Maybe Pioneer will sell its ECC tech to panny and it will go forward.

ECC is still expensive. However, Panasonic could create a higher than current tire display bracket and bring them to market. If the world economy is still in the toilet, you can forget about it happening next year.
D-Nice is offline  
post #19 of 2692 Old 02-06-2009, 10:04 AM
Senior Member
 
DelJ's Avatar
 
Join Date: Dec 2005
Posts: 291
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Liked: 10
The fact is that the days of paying $5000+ for a television set are behind us. The novelty of flat panel receivers and HDTV has worn off and now consumers want televisions that are priced like, well, televisions.

Personally, I am tired of the elitism (pun intended) associated with the Pioneer brand on this message board and am not entirely sad to see Pioneer go. And good riddance to the highly reflective piano black bezels brought to us by Pioneer!

DelJ
DelJ is offline  
post #20 of 2692 Old 02-06-2009, 10:04 AM
Senior Member
 
JCBoomer's Avatar
 
Join Date: Feb 2007
Posts: 341
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 5 Post(s)
Liked: 17
Dang. I was hoping to purchase a Pioneer for my next HD set in a year or so. You could kind of see the writing on the wall with the moves Pioneer made last year combined with the global economic crash, but still. As mentioned above, hopefully Panasonic will keep their tech alive and moving forward.

Edit: I see most of my thoughts have been mentioned above. Oh well.
JCBoomer is offline  
post #21 of 2692 Old 02-06-2009, 10:04 AM
 
ROMAN O's Avatar
 
Join Date: Mar 2008
Location: Nationwide Staples
Posts: 4,406
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Liked: 11
I was just told that this is only for this quarter but 10G is on target Stay tuned. Talking to Pioneer now. Very weird.
ROMAN O is offline  
post #22 of 2692 Old 02-06-2009, 10:06 AM
 
CETA1's Avatar
 
Join Date: Jan 2008
Location: Bay Area
Posts: 496
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Liked: 10
Holy Crap and I was just trying to decide on 151 or XBR8.-TODAY.

Rick
CETA1 is offline  
post #23 of 2692 Old 02-06-2009, 10:07 AM
Member
 
AP82's Avatar
 
Join Date: Nov 2008
Posts: 16
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Liked: 10
Don't worry, goverment will start a coupon bailout program for TV industry: let say $1000 for a new green TV (not really green, but probably green color)
AP82 is offline  
post #24 of 2692 Old 02-06-2009, 10:09 AM
Senior Member
 
JCBoomer's Avatar
 
Join Date: Feb 2007
Posts: 341
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 5 Post(s)
Liked: 17
Quote:
Originally Posted by ROMAN O View Post

I was just told that this is only for this quarter but 10G is on target Stay tuned. Talking to Pioneer now. Very weird.

Maybe that's related the this part of the article:
Quote:


Pioneer will idle its lone domestic TV factory in Shizuoka Prefecture
sometime this year. Factories in the U.S. and Europe are already slated for
closure.
Sales of Pioneer TVs will continue for the time being. The company has not
yet decided what to do when inventories run out.

JCBoomer is offline  
post #25 of 2692 Old 02-06-2009, 10:09 AM
AVS Forum Addicted Member
 
D-Nice's Avatar
 
Join Date: Dec 2004
Location: Columbia, SC
Posts: 16,771
Mentioned: 120 Post(s)
Tagged: 1 Thread(s)
Quoted: 1821 Post(s)
Liked: 3584
Quote:
Originally Posted by ROMAN O View Post

I was just told that this is only for this quarter but 10G is on target Stay tuned. Talking to Pioneer now. Very weird.

That's not what I've been told. Are you speaking to Pioneer NA or japan?
D-Nice is offline  
post #26 of 2692 Old 02-06-2009, 10:09 AM
Member
 
sotagear's Avatar
 
Join Date: Nov 2004
Location: Silicon Valley - Bay Area
Posts: 105
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Liked: 10
Yes, I heard this weeks ago from my friend who has been selling TVs for decades. He said Pioneer was closing it's plasma division this year and that Kuro would spin off as it's own brand. Since Panasonic has been supplying the panels for Pioneer for some time now, it appears that they will continue to be the top plasma manufacturer for the foreseeable future. Just not sure if that "Kuro only" company is for real or not. We'll all know in a short time.
sotagear is offline  
post #27 of 2692 Old 02-06-2009, 10:10 AM
AVS Forum Addicted Member
 
zoro's Avatar
 
Join Date: Mar 2002
Posts: 10,457
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 225 Post(s)
Liked: 41
Quote:
Originally Posted by CETA1 View Post

Holly Crap and I was just trying to decide on 151 or XBR8.

Rick

XBR8, and let me know if you find a deal there!
zoro is offline  
post #28 of 2692 Old 02-06-2009, 10:10 AM
 
ROMAN O's Avatar
 
Join Date: Mar 2008
Location: Nationwide Staples
Posts: 4,406
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Liked: 11
Man oh Man. So the VP of Pioneer is not confirming the story so its a waiting game now but I am about 50/50 on this and getting another Kuro myself.
ROMAN O is offline  
post #29 of 2692 Old 02-06-2009, 10:11 AM
 
ROMAN O's Avatar
 
Join Date: Mar 2008
Location: Nationwide Staples
Posts: 4,406
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Liked: 11
Quote:
Originally Posted by D-Nice View Post

That's not what I've been told. Are you speaking to Pioneer NA or japan?

NA thats prob why, what do you think
ROMAN O is offline  
post #30 of 2692 Old 02-06-2009, 10:12 AM
AVS Forum Addicted Member
 
zoro's Avatar
 
Join Date: Mar 2002
Posts: 10,457
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 225 Post(s)
Liked: 41
Well, we look forward to MASS SELL, in next month or so!
zoro is offline  
Sponsored Links
Advertisement
 
Closed Thread Plasma Flat Panel Displays

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page


Forum Jump: 

Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off