Reuters: Panasonic Is Going to Kill Off Its Plasma TVs by March 2014
According to Reuters, Panasonic is going to stop production of its fantastic plasma TV sets by March 2014. That sucks. But also not surprising since previous reports had hinted at Panasonic planning to cut its TV production and that the TV market has been overtaken by seemingly every other technology not named plasma.
Hundreds of employees will be re-assigned and Panasonic will take a $413 million hit on its last remaining plasma plant. It'll mark a dispirited end to a wonderful (to say and to look at) technology. [Reuters]