Hitachi Confirms TV Plans

We reported last week that Hitachi had pulled out of the TV market in Japan, but there was uncertainty about other regions. Thanks to the company for this statement, which clarified what is happening in the rest of the world. (Hitachi Officially Exits Japan TV Market After 60 Years)

With regards to Hitachi’s TV business outside Japan, Hitachi will continue to sell Hitachi branded TVs in North America, Europe, Asia and other markets.

Analyst Comment

We’re planning a catch up with Hitachi in Europe shortly and hope to report again. (BR)