Panasonic to exit TV market, hopes to build LCD panels for Apple’s iPad – report

“A new report claims Panasonic plans to leave the TV business and will instead focus on creating LCD displays for smaller devices, particularly Apple’s iPad,” Katie Marsal reports for AppleInsider.

“Panasonic reportedly hopes to make its way into the more profitable business of building LCD panels for portable electronics,” Marsal reports. “In particular, Panasonic is said to be interested in finding its way into Apple’s supply chain for the iPad.”

Marsal reports, “Panasonic has allegedly already provided sample high-resolution LCD panels to Apple. One person quoted from the company indicated that Apple ‘seems to be satisfied’ with the samples it was provided.”

Read more in the full article here.

[Thanks to MacDailyNews Readers “Dan K.” and “Arline M.” for the heads up.]


    1. I have 2 inexpensive Panssonic 32’s…. Where I live next to the beach the humidity has killed many other brands … These cheap Panasonics have lasted WAY longer and show no digns of quitting any time soon. Tough little SOBs

    1. One of the biggest problems in business is balancing quality with price. Panasonic makes a very good TV. Unfortunately they can’t make enough profit to survive in that business, and that’s what its all about.

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