Matsushita Smiling on Plasma Sales
Matsushita Electric (parent company of Panasonic and Technics) that global demand for plasma is running above target. Therefore the profitability of their plasma business is also above target. Matsushita is the top seller of plasma televisions, ahead of other big names such as Samsung and Pioneer. Masaaki Fujita, head of Matsushita’s plasma TV business, expects 6 million plasmas to be sold by March, and for Matsushita to grab a 35% share.
Link: Reuters - Matsushita says plasma TV sales above target
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