Japanese company Hitachi officially announced that from the beginning of September of this year it will abandon the production of TVs. At the same time, she will continue to sell models under the brand. Wooo, which will be collected by other manufacturers.
This will allow Hitachi focus on producing more profitable products. The production of televisions became more and more problematic every day, especially against the backdrop of an ever-growing number of competitors. Needless to say, the company's net income for the last quarter of the fiscal year decreased by 86% compared to the same period last year.
The company spoke about the desire to completely abandon the production of this type of equipment six months ago. But only today she announced it officially and named the exact dates.
In recent years, Japanese manufacturers have experienced very serious difficulties in the TV market. Earlier, the company announced its intention to restructure its business Sony. And the first step was to give up his share in the joint venture S-LCD.