LATEST ADDITIONS

Like it or not, it's official. President Obama has signed the bill that pushes back the DTV transition back to June 12. Let the PSA's begin.Obama said, ""During these challenging economic times, the needs of American consumers...

Pioneer has confirmed that it will exit the TV business altogether in the face of the global economic crisis. According to a press release issued today, "Pioneer will terminate any further in-house display product development after its products currently available on the market, and withdraw from the display business by March 2010. Recent market conditions have changed far more than initially anticipated, and Pioneer has decided to withdraw from the display business after concluding that there are no prospects for improving profitability under current conditions. However, the Company will continue to provide after-sales services even after the withdrawal.

Pioneer will stop manufacturing TVs and withdraw from the TV business altogether by 2010, according to a notice (PDF) that appeared today on the company's Japanese website. This confirms a report that surfaced in the Japanese business press a few days ago.

Vizio has just announced it will get out of the plasma business altogether, due in large part to the overwhelming popularity of LCDs and the vanishing price gap between the two technologies. According to company co-founder Laynie Newsome, plasmas don't sell as well in big-box stores because LCDs look more impressive in brightly lit aisles, and the company must concentrate on products that move off the shelves the fastest.