Wednesday, April 5, 2006
Hitachi Eyes New Plasma Plant
Posted by Suhit Gupta in "NEWS" @ 09:00 AM
"Hitachi Ltd., the world's fourth-largest plasma panel maker, said on Tuesday it aims to build a new plasma plant and get it operating by the year to March 2010 to meet strong global growth in flat TV demand. "Our capacity will be big enough to cover most of our panel demand in fiscal 2008/09 (ending in March 2009). But it is expected to fall short of demand in 2009/10," Hitachi Vice President Makoto Ebata told reporters on the sidelines of a news conference. "A new plant needs to be up and running by 2009/10." Details such as the location and output capacity of the new plant has yet to be decided, he said. The comments come a day after its larger panel-making rival Samsung SDI Co. Ltd. announced it would invest $752 million in a new plasma panel production line that would boost its capacity by nearly 70 percent."
I am a little surprised by this news because I really felt that LCDs were going to replace plasma TVs sooner than later. But it looks like plasmas are here to stay for some time and in fact the demand for them is only going to rise.
I am a little surprised by this news because I really felt that LCDs were going to replace plasma TVs sooner than later. But it looks like plasmas are here to stay for some time and in fact the demand for them is only going to rise.
