After rumors swirled that Panasonic was considering putting a stop to production of its well-regarded plasma HDTVs later this year, the company announced it will stay in the business. President Kazuhiro Tsuga
revealed a three year growth plan for Panasonic to focus on batteries and entertainment systems for cars, as well as environmentally friendly housing developments. It will also streamline the number of departments by allowing each division to handle its own products from development to release.
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Hisense Hires Frank
March 27, 2013
Hisense USA announced Wednesday that it has named Jonathan Frank its new vice president of marketing. Frank previously worked for Audiovox and Panasonic.