After 55 years: Panasonic pulls the plug on tube TV production

Thursday, October 1st, 2009

Dr. Serkan Toto currently works as the first and only Asia-based writer for the TechCrunch network, mainly covering Japan-related technology and web companies for TechCrunch, CrunchGear and MobileCrunch. Serkan also works full-time as an independent web and mobile industry consultant with a focus on the Japanese market. He is sept-lingual, holds an MBA and is a PhD in economics. Serkan... → Learn More

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Kids, do you remember those big, clunky things in the living room we older people called tube TVs? They are dying off. One of the world’s biggest TV manufacturers, Panasonic, announced yesterday [JP] it will stop producing those TVs after 55 years.

The Japanese company started making those devices back in 1954 and actually ceased domestic production as early as April 2005. Beijing Matsushita Color CRT, a joint venture Panasonic started in China, continued selling tube-TVs after then, mainly serving markets in China and Southeast Asia.

But Panasonic says now even customers in emerging economies want flat-panel TVs. The company will sell off its 50% share in said joint venture to its Chinese partner and solely focus on manufacturing flat-panel TVs from now on.

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