Panasonic has ended LCD TV production at a China plant as of January 30 and is seeking to sell another in Mexico with a monthly capacity of 500,000 units, the paper said. Panasonic is looking to shift its focus to high-added value TV products to maintain its markets in Japan, Europe and Southeast Asia, the paper added.
Firms is likely to rely more on licensing their brand names to shore up profits for their TV business.
Whatever they might mean with "high-added value TV products"...
I liked the quality of Panasonic's IPS panels, in comparison to many other LCD panels that is, but I'll still wait for the 4k OLED panels for their better static contrast. And it doesn't seem as if Panasonic will manufacture any of those...
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