Reuters: Panasonic Will Kill Off Its Plasma TVs By March 2014

Reuters: Panasonic Is Going to Kill Off Its Plasma TVs by March 2014

According to Reuters, Panasonic is going to stop production of its fantastic plasma TV sets by March 2014. That sucks, but it's also not surprising since previous reports had hinted at Panasonic planning to cut its TV production and that the TV market has been overtaken by seemingly every other technology not named plasma.

Hundreds of employees will be re-assigned, and Panasonic will take a $US413 million hit on its last remaining plasma plant. It will mark a dispirited end to a wonderful (to say and to look at) technology. [Reuters]

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