Panasonic plans to exit the TV market, plans to build LCD panels for Apple

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The new Panasonic corporate plans go through cease production of televisions to create iPad LCDs. A new report talks about plans Panasonic seems to have to leave the TV market and focus its efforts on the creation of LCD screens for smaller devices, particularly Apple’s iPad.

The details of this story come from the Japanese newspaper about the business world Diamond Online, having been translated by Macotakara in recent hours. The report says that while traditional LCD TVs have been Panasonic’s core business, the company is the apparent plan to leave the business at an early date.
In this case, expected Panasonic introduced a beneficial and cost effective way for your business to build LCD panels for portable electronic terminals. In particular, Panasonic says it is interested in getting introduced into the supply chain of Apple iPad, which has become the world’s best selling tablet.
Panasonic already seems to have provided high-resolution LCD panels to Apple to try, and to verify its quality. Someone from the company stated that “Apple seems satisfied” with the samples that have been provided.

Earlier this year, with the launch of the new iPad with Retina Display, Apple experienced problems in the production chain. Companies that supply charge is said to have encountered difficulties in the manufacture of high-resolution displays that Apple needs for third-generation iPad. For the launch of the new iPad, Samsung was only able to provide panels to Apple. Both Sharp and LG are said to subsequently joined the supply chain with the objective of benefiting the availability situation of the Apple tablet.

If Panasonic performs this important movement it would be one of the more dramatic changes have been in the technology market in recent years. The crisis through which passes the electronics sector in Japan is clear, and the success of the iPad has caused many looks that are deposited on the assembly line, which can get lucrative income if has the approval of the company run by Tim Cook. An agreement between Panasonic and Apple could lead to a more than highlight for this Japanese manufacturer specializing in televisions that exists in Japan on 13 March 1918.[via AppleInsider]

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