A report in the Nikkei Japanese business journal claims that “Pioneer Corp. will pull the plug on its loss-ridden television business and shift its DVD player operations to a new venture with Sharp Corp. in a sweeping overhaul”.

This is very sad news if it is true. Pioneer (in my opinion and many others opinions) makes the best televisions in the world. Their Kuro HDTVs look better than any other TV in the world.

I really hope that Panasonic picks up the ball and starts making really good Plasma TVs. Although I don’t own a Plasma I do recognize that Plasma is a superior technology to LCD in terms of picture quality.

Report: Pioneer Exiting TV Business, Spinning Off DVD – Gearlog.