Pioneer Electronics has recently released statements that their Kuro plasma TVs will be discontinued as of March 2010.
LCD TV's are dominating the market with it's truer picture and better contrast, even though they cost more than a plasma (usually 15-20% more). Pioner says their plasma tv market was approx. 14% of the business. They will now focus more on car and home audio components. Maybe we can get a decked out navigation system with full internet access so we can twitter as we drive?
Okay,so with this news, consumers may be wondering "Are plasma tv's done"? The answer is simple. No. There are still big business, with LG, Panasonic and Samsung all in the game. Costs are still cheaper, and consumers just aren't going to spend $500 more for the same 50 inch TV, just because the LCD is brighter.
What's my opinion? Plasma is still a great TV, the picture is amazing. If you are looking for a tv that isn't going to have much light around when watching a show or movie, then I'd rather save the $500 difference, stick with plasma and get that navigation system that can let others know I'm twittering while driving.
What do you think?