Panasonic exiting analog TV business
This may not be as a big a deal as Konica Minolta completely exiting the camera business, but Matsushita Electric (aka Panasonic) has apparently decided that it's ready to completely transition its TV business to digital, and has decided to get out of the analog TV space this year. What makes the timing particularly interesting is the fact that Panasonic still has a somewhat thriving analog business; according to reports, 30% of the company's TV sales in its home market are analog. However, margins are likely much lower on those sets than on digital ones, and it looks like Panny has decided to call it quits before that percentage declines even further. (Besides, if you had to choose between making old-school CRTs and 103-inch plasmas, which would you pick?)
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