Following in the footsteps of Panasonic, Samsung says it will end production of plasma display panels by the end of this year.
David KatzmaierEditorial Director -- Personal Tech
David reviews TVs and leads the Personal Tech team at CNET, covering mobile, software, computing, streaming and home entertainment. We provide helpful, expert reviews, advice and videos on what gadget or service to buy and how to get the most out of it.
ExpertiseA 20-year CNET veteran, David has been reviewing TVs since the days of CRT, rear-projection and plasma. Prior to CNET he worked at Sound & Vision magazine and eTown.com. He is known to two people on Twitter as the Cormac McCarthy of consumer electronics.Credentials
Although still awaiting his Oscar for Best Picture Reviewer, David does hold certifications from the Imaging Science Foundation and the National Institutes of Standards and Technology on display calibration and evaluation.
Samsung SDI has announced that it will shut down plasma panel production by November 30 of this year.
According to multiple reports, including Reuters, the firm said the reason for the shutdown was a decline in overall demand for plasma TVs. A company statement says it will concentrate resources on its energy and materials business.
Since this article was originally published Samsung has provided CNET with the following official statement, confirming the timing of its exit from plasma.
"We plan to continue our PDP TV business until the end of this year, due to changes in market demands. We remain committed to providing consumers with products that meet their needs, and will increase our focus on growth opportunities in UHD TV's and Curved TV's."
How long the 8500 will remain on sale is still uncertain, but its days are now officially numbered.
Panasonic pulled the plug on plasma last year, to much chagrin, leaving the dwindling plasma market to Samsung and LG. Samsung's move to end plasma production was hinted at in January by John Ryu, vice president of Samsung's Visual Display R&D office.
According to another report today from Yonhap News Agency, "Industry watchers say LG Electronics Inc., South Korea's No. 2 tech giant, will also discontinue its PDP business in the near future, noting that it has already converted one of its PDP production lines to make solar batteries."
This article has been updated to reflect Samsung's statement.