Matsushita is the world's largest maker of plasma TVs in the $84 billion flat TV market. It competes with the likes of Sony Corp. and Sharp and Samsung Electronics Co. Ltd. Makers of Plasma TVs offer 50-inch+ full high-definition models, but avoid producing smaller displays due to the high cost of packing the technology into one.
The 42-inch TVs from Matsushita are expected to sell for ¥410,000 to ¥430,000 ($3,449-$3,617). It plans to manufacture 25,000 units of them a month for the domestic market, with an international launch following soon after the Japan launch. Matsushita also plans to spend $2.4 billion to build the world's largest plasma display factory.
Source:
Reuters
Written by: James Delahunty @ 10 Apr 2007 5:08
