Panasonic pulls out of the Australian television market


There is another thread in a different forum about this that I posted in. But yes this is a terrible sign and they were saving face when they said it was an American thing about their lack of presence in that market. The problem is LG and Sony outsell them everywhere....even the expensive Sony master series. All things considering its a shame but even if they end up exiting the OLED business in 2021 we've seen much worse over the years. Pioneer leaving the TV market was a huge blow and Panasonic ending their plasmas in 2013 also left a void that took some years to fill back up. At least in this case LG, Sony are extremely competitive so it's not like their is as big of a void if they did pack it up.
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