Pioneer reviews its Panel business

Pioneer is said to be reviewing its options regarding its flat panel business says the Wall Street Journal article.

Many companies are looking at their production profits at this time, and Pioneer is considering whether it should cease all productions of flat panel displays, both LCD and Plasma.

This follows last years decision to cease production of its own panels and instead source them from Sharp and Panasonic.

This it would seem still hasn’t put their panel production on a financially profitable footing, hence the recent decision to possibly withdraw altogether from the panel market.

An announcement is expected as soon as next month.