Pioneer Postpones PDP Plant Expansion

Pioneer has postponed its plasma display panel (PDP) plant expansion plans due to weak third quarter financial results. There was a 10% drop in PDP sales largely due to loss of OEM sales to PDP TV manufacturers. During CES 2007, Pioneer disclosed that it was re-engineering its entire PDP line to integrate a newly developed panel, filter and ASIC to improve picture performance for its PDPs. The new plant delay will not affect re-engineering its PDP line. Pioneer’s supply of its new PDPs will be somewhat limited. Read more at Twice.

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