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Plasma manufacturers relish uptick in demand from China


We already heard that flat-panel demand in China was seeing a fairly substantial spike, and apparently, a number of plasma manufacturers are champing at the bit to turn around the currently poor performing segment of their portfolios by giving the Chinese something they suddenly crave. Reportedly, both Samsung and LG have "increased PDP production" in the lead-up to the 2008 Beijing Olympic Games and Euro 2008. Additionally, Hitachi is busting out some confetti of its own, as it will purportedly sell some "30-percent of plasma panels it plans to produce in the year to March 2009 [to] Chinese television manufacturers." Also of note, it's being reported that the outfit "may consider withdrawing from Australia and focusing on developing and making products for key markets such as Japan, North America and Asia," but we've seen nothing official either way.

[Via Widescreen Review]
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