Matsushita Electric Industrial Co. and Toshiba Corp. will discontinue domestic production of picture tubes for televisions by the end of September 2004, The Nihon Keizai Shimbun reported.
Matsushita Electric will end picture tube production at its Takatsuki plant, which now produces 500,000 units a year, and instead focus its domestic output on high-definition plasma panels. Toshiba, which produces 2 million units a year of five large types of picture tubes at a factory in Hyogo Prefecture, will cease production as well.
In April, the companies integrated their picture tube operations, excluding production in Japan, under joint venture Matsushita Toshiba Picture Display Co. The firm took on their overseas factories as well as domestic and overseas picture tube marketing and development offices, but Matsushita Electric and Toshiba continued operating their Japanese picture tube factories independently.
Industry sources believe the conventional TV market is shrinking rapidly because of the proliferation of flat-panel TVs. With major player Sony Corp. withdrawing from domestic picture tube production next fiscal year, picture tube production in Japan may soon become a thing of the past. (Nikkei)
to Daily News