Panasonic to Produce Nearly 5 Million Plasmas Next Year

Panasonic said this week that it expects to churn out 4.8 million plasma displays by next year, one-third of which will be sold in the U.S. The company also said that this fiscal year, sales of plasmas and LCD flat-panels would exceed CRTs for the first time. Panasonic is also doubling its marketing budget for digital products such as plasmas.