Panasonic will halt in-house factory production of television sets, according to a new report from FlatpanelsHD.
The company will cease production from its Czech Republic factory, and will continue to release new models under the Panasonic name, with manufacturing outsourced to a third-party.
Panasonic has been scaling back in-house production for years. Its lower-cost models have shifted to being produced by external partners, after closing Vietnamese and Indian factories.
High-end models, such as OLEDs, have continued to be named in Panasonic’s Czech Republic factory, which employs around 1,000 workers. The factory will remain operational, producing Blu-ray players and other video-related products.
“This week we have received the information internally that we will move the production of our future TV models from the factory in the Czech Republic to an external partner,” Panasonic confirmed in a statement.
“We will continue our investment in TV and offer many new models in 2022, and all product development in both Japan and in Europe (Langen, Germany) will continue.
“We guarantee that we will continue to have competitive models and the best picture quality. The only difference is that our future TV models are assembled in another factory”.
