Panasonic is not bullish on Japan's flat-panel TV market, saying it is shrinking

"Science and technology News" March 18, according to http://www.aliyun.com/zixun/aggregation/1022.html "> Japanese economic news report, the financial situation is not optimistic about the Japanese Panasonic company or give up plasma TV business, Become part of the company's plan to shrink the size of its television business.

reported that Panasonic in order to ensure the health of the financial situation, has sold some assets. The company decided to reduce the size of its television business for three consecutive years, starting next year.

Panasonic believes that Japan's flat-screen TV market is shrinking, the future development of plasma TV is not optimistic, so has stopped the development of the next generation of plasma TV. Panasonic has already written down the value of a large factory in Niqi, in western Japan, and is planning to stop the plant's plasma panel production around the 2014 fiscal year.