Business

3D TV's Sell Out

Bloomberg
Panasonic Corp. said its 3-D TVs sold out in the U.S. in their first week, raising optimism the technology that helped "Avatar" break records at the box office will extend to living rooms and help boost profits. The shortage is prompting the world’s largest plasma TV maker to take back-orders from retailers, Hitoshi Otsuki, the senior managing director heading Osaka-based Panasonic’s overseas operations, said in an interview yesterday in Tokyo. He declined to specify figures. “It’s a great opportunity to turn around our TV business,” he said.
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Posted by Editor at March 18, 2010 02:27 AM