A lot of people don’t know that Pioneer is a Japanese brand.
Pioneer says that the flat panel TV business is so tough that it is considering getting out of it completely.
Is that great news for the other flat panel makers, like AUO Optronics (AUO: 11.53 -1.03%), because it means less competition or is it horrible news because Pioneer wouldn’t run for the hills unless the business really stunk?
I think the answer is BAD. That’s why my Asia Stock Options portfolio owns put options on AUO.
Related Posts
- Huge loss for solar panel maker Yingli Green Energy (08/19/09)
- New Apple tablet means big business for Taiwan trio (07/14/09)
- Booming business in China for Yum Brands (02/05/09)
- Qantas says China business is picking up (06/12/09)
- Taiwan Semi looking for big business rebound (11/02/09)
