Matsushita launches 42-inch Full HD Plasma TV

Posted on Saturday, Apr 14 2007 @ 10:10 CEST by Thomas De Maesschalck
Matsushita, the parent company of Panasonic, announced it will start selling a 42" full HD plasma TV on April 27th in Japan:
The 42-inch TVs from Matsushita are expected to sell for 410,000 yen to 430,000 yen ($3,449-$3,617), the Osaka-based company said. It plans to manufacture 25,000 units of them a month for the domestic market. The Japan launch will soon be followed by overseas debuts.

Matsushita's plasma TV sales came to an equivalent of about 4 million 42-inch models in the year ended March 31, and the company aims to boost those sales by 50 percent to 6 million units in the current business year, a company spokesman said.

Matsushita, which controls one-third of the global plasma TV market according to DisplaySearch, plans to bring its $1.5 billion plasma display plant onstream by summer 2007 to take on the LCD camp.
Source: Reuters.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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