Pioneer to stop making plasma panels
 

TOKYO - Pioneer Corp. will stop making plasma display panels in an effort to turn around its money-losing business, the Japanese electronics maker said Friday.

Pioneer plans to procure the panels, used in flat-panel TVs, from another company. It said it was in talks with Japanese rival Matsushita Electric Industrial Co., which makes Panasonic products, to purchase plasma display panels.

Pioneer used to be one of the leading developers of the technology but has fallen behind bigger companies like Matsushita and South Korea's Samsung Electronics Co. and LG Electronics Inc.
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*Source: Yahoo (http://news.yahoo.com/s/ap/20080307/...eQ5CbVAjtBAF)*

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