In the
flat-panel TV market, Matsushita is facing growing competition from Japanese rival Sharp Corp.
[So] who better to sell you a $2,000, $3,000, or $4,000
flat-panel TV?" he added.
In a multichannel move, Target places signs throughout the section directing shoppers to its Web site for more
flat-panel sets.
Hitachi and Matsushita are considering using the sixth-generation technology for manufacturing multiple 30-inch LCD panels for
flat-panel TVs from a single glass substrate to cut costs, possibly from 2006, it said.
CRT sales are on the down slope, however, as CEA projected 15.1 million units for 2005, yet will still beat out the projected 5.3 million plasma and
flat-panel units this year.
Securing a stable source of large LCD panels has been one of the priorities of Matsushita's
flat-panel TV business, the Nihon Keizai said.
Sony has recently taken the approach that "if you can't beat them, join them" to the LCD
flat-panel business.
Shipments of CRT TVs still surpassed those of
flat-panel TVs in volume, by 7.16 million units to 1.47 million, it said.
HTIB color schemes are more deliberate in terms of mimicking
flat-panel TV design.
Matsushita Electric, best known for its Panasonic brand products, said its
flat-panel TVs will be launched under the name ''Viera'' and that the conventional name ''T'' used for TVs will be limited to cathode-ray tube TVs.
Tweeter, founded more than 30 years ago as an audio retailer, is now pushing its home audio sales with
flat-panel TVs.