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Pioneer Confirms Panasonic Plasma Deal
The two have reached a basic agreement with finalization expected in May. Here are a few details from the press release:
The two companies believe the comprehensive alliance will bring about significant synergy effects by the integration of Pioneer's KURO technologies, renowned for high luminance efficiency, high contrast and super-slim design, with NeoPDP, Matsushita's own technologies for high efficiency that has been developed as evolutionary technologies of the next-generation "VIERA" plasma displays. By developing PDPs and modules that are eco-friendly and excel in performance and picture-quality, Pioneer and Matsushita will contribute to further growth of plasma TVs in the flat-panel TV market.Panel sizes covered by the deal remain to be determined. Both companies will continue to offer plasmas under their own brands. Pioneer will also offer LCDs based on Sharp panels.
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