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Tag: Panasonic

  • OLED TVs will usher in price cuts in the next two years

    In recent years, Samsung and LG have escalated their investments in OLED panels, directing efforts toward the research and development of new technologies and the expansion of OLED panel production lines. Chinese manufacturers are not to be outdone, as BOE, Visionox, and Shenzhen Tianma follow the pace set by Korean display giants, broadening the production and application range of OLED panels.

    According to the latest research report by market analysts from Display Supply Chain Consultants (DSCC), the production cost of OLED panels is expected to continue to decline over the next two years. With improvements in the efficiency of key production facilities and increases in output, the prices of high-end OLED TV models may drop within a few months, potentially in time for the bustling Christmas shopping season at the end of the year.

    The report suggests that by 2023, the production cost of each 55-inch OLED panel is projected to drop by about 20% compared to 2022, with a similar decrease anticipated by 2024. This can be referenced against LG’s W-OLED panels, utilized in LG’s own C3 and G3 series models, as well as third-party products from Sony, Panasonic, Philips, and Hisense.

    The relatively higher-cost Samsung QD-OLED panels will also see a cost reduction, with an estimated decrease of approximately 30%. Data shows that the efficiency of Samsung’s production line in its Korean factories has improved this year, with the yield rate increasing from 68% in 2022 to 84%. As the panel used in Samsung’s high-end TV models, as costs decrease, it could potentially be applied to models targeting the mid-range market. Samsung has already begun procuring W-OLED panels from LG for models positioned slightly lower than QD-OLED TVs.

  • Panasonic announces discontinuation of Blu-ray discs next month

    Panasonic announced that it will stop producing Blu-ray discs in February this year. At that point, all publicly available products of this type will be discontinued, and no successors will be announced, although Blu-ray recorders will continue to be produced. Panasonic said that due to the decline in demand for Blu-ray recordable discs, this type of product is also difficult to maintain profitability.

    Panasonic has sold Blu-ray discs since 2006 and has sold more than 330 million discs so far. In the past, many people would choose to use recorders to burn CDs to store data, but with the development of the times, the network has become more and more developed, and the price of large-capacity hard drives has become cheaper and cheaper. The method of using burning discs to maintain data has basically no advantages, and the profits are getting lower and lower. Manufacturers have chosen to stop developing and selling such products.

    Game console players are no strangers to ordinary Blu-ray discs, and they will see them when they buy physical and genuine physical games. Even though the Internet speed is getting faster and faster, many players may choose subscription services to download games, but there are still quite a few players who are willing to buy physical games because it is convenient for second-hand transactions and does not need to rely on the Internet.

    However, the cost of Blu-ray recording is higher and the demand is less. It is understandable that Panasonic chose to give up. It not only caters to the changes in the way people store data but also can reduce expenses and better focus on the main business in the macro environment of the current economic downturn.

    Via: Reddit

  • Panasonic: $4.9 billion will be invested in EV batteries and supply chain software

    Panasonic announced on Friday that it will spend 600 billion yen ($4.9 billion) on various investments over the next three years, the Nikkei Asian Review reported. Panasonic said that 400 billion yen will be invested in growth areas such as electric vehicle (EV) batteries, supply chain software, and air conditioners, and 200 billion yen will be invested in emerging technologies such as hydrogen energy and workplace digitization.
    Image: Shutterstock/ TPG Images
    According to a Panasonic press release, the cumulative profit target for the fiscal year 2022 through 2024 is 1.5 trillion yen ($12 billion). Panasonic plans to make 4680 batteries for Tesla and other potential automaker customers through a new U.S. plant that could start operations as soon as 2024, the report said.

    “When you think about the urgency of climate change, it is absolutely necessary to develop EVs that will be safer and more cost-competitive than gasoline vehicles,” Panasonic CEO Yuki Kusumi said. “We will make investments to make a battery that is safer, less expensive and has more capacity.“