Eyes-on with Panasonic’s new HDTV lineup ahead of CES press conference

Eyeson with Panasonic's new HDTV lineup ahead of CES press conference

Our liveblog of Panasonic's press conference is mere minutes away, but we've already glimpsed some new HDTV models displayed on stage. There looks to be an update to the top-of-the-line WT series of LED sets -- we'd estimate the size as 55 inches. Next to it is a yet-to-be-announced plasma model, almost certainly from the high-end VT series. We're eyeballing it at 65 inches, but we'll know soon whether our estimates are correct -- and hopefully, get the lowdown on specs and availability. Stay tuned!

Update: We had a chance to get up close and personal with the new TVs after the press conference -- you'll find three models in the gallery just below.

Zach Honig contributed to this report.

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Panasonic’s 2013 Q1: things are looking up with a $164 million profit

Panasonic's

Panasonic's financial year runs from summer to summer, so its first-quarter results for 2013 just hit the wire. The figures proudly show that the company has managed to turn around the losses it suffered so badly in the previous period -- with $23 billion in turnover generating a tidy profit of $164 million. While sales dropped by six percent compared to the first three months of the year, it's been reducing fixed costs and restructuring each segment of the business to ensure a return to profit making despite the worsening financial crisis in Europe. The company's even been able to stick some cash into the savings account, tucking $16.6 million into the piggy bank for a rainy day.

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Panasonic's 2013 Q1: things are looking up with a $164 million profit originally appeared on Engadget on Tue, 31 Jul 2012 03:33:00 EDT. Please see our terms for use of feeds.

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