EXCLUSIVE: Skyworks Set To Pull The Plug On Toshiba TV’s
Chinese TV manufacturer Skyworks, who face handing over the rights to manufacture Toshiba TV’s after Hisense snared a deal to use the Japanese brand name, because their own TV’s were not selling in several global markets, is set to stop supplying distributors and retailers with Toshiba branded TV’s according to Skyworks sources in New York.
What is not known is whether the move to restrict supply of the Japanese branded TV’s is short term or long term.
In Australia Powermove who has already moved to lay off staff following the loss last year of the Klipsch brand is facing the real possibility that they will lose the rights to the brand with Hisense Australia taking over sales in Australia.
Currently the brand is sold at Harvey Norman.
Harvey Norman executives claim that “At this stage we are not aware of the decision to stop supply. The brand has performed well”.
In other TV news it appears that The Good Guys could start ranging the Hitachi TV brand.
ChannelNews understands that a rationalisation of both house and branded TV’s is taking place at the retailer who is looking to grow TV sales under the management of former JB Hi Fi CEO Terry Smart who is currently restructuring The Good Guys.