Panasonic abandons CRT production on mainland
10 September 2007
Panasonic announced it has stopped production of cathode ray tubes for color television sets in China completely, Economic Observer reported (in Chinese). The Japanese electronics firm's production lines at its Shandong plant will be used to produce liquid crystal displays instead. The US$25 million Shangdong plant had been one of Panasonic's five production bases for color televisions around the world. Panasonic has established three research and development centers in China to focus on the high-end market. The Chinese electronics manufacturer TCL, meanwhile, has taken over most of Panasonic's CRT production in China.
Bookmark and Share:
Other Categories
Other news from 10 September 2007
Related Articles
To receive the best China business news that the market has to offer,
subscribe to the China Economic Review.
subscribe to the China Economic Review.