Finally, it happened today, that many have long guessed: Pioneer officially announced its decision to withdraw from the market of flat panel TVs to the end of March this year. In fact, this is only part of the plan developed by the leadership of Pioneer, to withdraw the company from a protracted crisis that has already lasted several years. It turns out that the famous Japanese company not only to minimize the production of flat panel televisions, but also will reduce staff by 10 thousand people. In the next two months, Pioneer will close two factories for the production of plasma TVs in the UK and the USA.
As expected, the amount of damages Pioneer in this fiscal year, which ends next month, distinct 580 mil. U.S. dollars, which is two times more than planned, so the leadership of the famous Japanese company is forced to take emergency measures to rescue the situation. After leaving the market flat panel televisions Pioneer will focus all its attention to the audio equipment. As is known, its position in this market segment is quite strong.
As expected, the amount of damages Pioneer in this fiscal year, which ends next month, distinct 580 mil. U.S. dollars, which is two times more than planned, so the leadership of the famous Japanese company is forced to take emergency measures to rescue the situation. After leaving the market flat panel televisions Pioneer will focus all its attention to the audio equipment. As is known, its position in this market segment is quite strong.
