Fujitsu Rumoured to Consider Exiting Plasma Business

Posted January 29, 2005 to News

First, Sony and Toshiba were rumoured to be exiting the plasma display business. Now, there is an AFP report suggesting that Fujitsu is re-evaluating its plasma display business and may consider exiting it entirely.

Fujitsu and Hitachi jointly manufacture plasma displays in a 50-50 joint venture, Fujitsu Hitachi Plasma Display. Although demand for plasma TVs is expected to grow, the large infrastructure investments appear to be scaring off Fujitsu. The company is rumored to be in talks with Hitachi to reduce its interest in the joint venture.

Fujitsu pioneered plasma displays in 1968 and was the first company in 1995 to manufacture a production plasma television.