October 21, 2014

Pioneer Leaving the TV Business

While Pioneer will remain in the home electronics business, focusing on audio products, DJ equipment and cable TV set-top boxes, they have, as reported in Twice.com, announced their intention to quit the television market by March 2010. They plan to emphasize “‘sound’ as they take advantage of extensive audio technologies and expertise developed over the years.

Pioneer said in a statement it is exiting the TV business because “recent market conditions have changed far more than initially anticipated, and Pioneer has decided to withdraw…after concluding there are no prospects for improving profitability under current conditions.” The company said it will continue to provide after-sales services even after the withdrawal from the market.

As with other Japanese consumer electronics makers, the combination of the worldwide recession and the exchange rate between the yen and the U.S. dollar and euro drove losses deeper than expected.

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Consumers are Letting it be Known – They Want Green Electronics

If you’ve been searching for a greener television, help might soon be at hand.  The consumer electronics industry is listening to research from a September 2008 study:

Going Green: An Examination of the Green Trend and What it Means to Consumers and the CE (consumer electronics) Industry. This study  finds that 89 percent of households want their next television to be more energy efficient.

“Consumers are now beginning to associate terms like recycling and energy efficiency with consumer electronics products,” said Tim Herbert, the Consumer Electronic Association’s  senior director of market research. According to the study, price and features continue to be the primary purchase drivers for CE products, but green attributes will increasingly be a factor. In fact, 53 percent of consumers say they would be willing to pay some type of premium for televisions with green attributes.

Effectively communicating the green attributes of CE products continues to be an obstacle for manufacturers in particular. Though the study indicates high consumer awareness of logos like EPA’s ENERGY STAR®, the absence of a single indicator for other “green” attributes leads to consumer confusion. The study finds consumers desire an easy way to determine if a product meets environmental standards, such as logos and descriptions printed on the product packaging.

“With 74 percent of consumers saying that companies should do more to protect the environment, it’s critical that CE manufacturers and retailers clearly communicate with customers regarding the environmentally-friendly products and programs offered by the industry,” notes Parker Brugge, CEA’s vice president of environmental affairs and industry sustainability.

If the manufacturers are listening, we should soon be able to walk into our local electronics store and easily identify a hi-definition, flat screen, surround sound, environmentally friendly television right away.  But- will it be on sale?

LG Launches Recycling Program

Once you’ve picked out the perfect new DVD player or television, you need to plan for the disposal of your old ones.  If your outgoing model was made by LG, that task might just have gotten a bit easier. 

 “The LG Electronics Recycling Program provides consumers with a free and convenient way of recycling their used, unwanted, obsolete or damaged LG consumer electronic products by dropping them off at a designated Waste Management eCycling Center. Waste Management currently has 160 designated drop-off sites across the United States and plans to have at least one drop-off site in each State by September 2008; the number of sites will continue to be expanded over time.”

 

 “Products covered by the LG Electronics Recycling Program include LG, Zenith and GoldStar brands of televisions, monitors, audio equipment, video cassette players and recorders, DVD players and recorders, combination TV/VCR and TV/DVD units, set top boxes and accessories associated with those products. Consumers may drop off up to 5 LG-branded items at a time. There is no fee to consumers for the covered LG-brand products; other brands will be accepted, but a fee may be charged by Waste Management for non-LG brands.”

You can find out more here:

 http://www.lgusa.com/green/locationlist.xls or http://www.wm.com/lg

 Waste Management Customer Service: toll free 1-877-439-2795

LG Customer Service: toll free 1-866-372-2928