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Panasonic could abandon the U.S. TV market once again

A potential sale of the company's TV unit could end availability of Panasonic TVs in the U.S.

I’ve got some grim news for North American fans of Panasonic’s TVs. After returning to these shores in 2024, the company is now mulling the sale of its entire TV division, according to a report from Nikkei.

The potential move would be part of a group restructuring at Panasonic Holdings, intended to enable faster decision-making and focus on growth.  “We are prepared to sell it if necessary,” said President Yuki Kusumi said of the TV division on February 4 during an online press conference, “but we have not yet decided on a plan.”

Kusumi went on to say that it would be difficult to find a buyer. Despite producing some of the best-performing TVs on the market — Digital Trends’ reviewer Caleb Denison said that the 2024 Panasonic Z95A OLED TV is “one of the top 5 TVs ever made” — Panasonic has struggled to increase its market share both at home in Japan, where it once commanded 20% of sales, and abroad.

While a sale of the TV division wouldn’t necessarily mean that Panasonic TVs would leave the U.S. immediately (or at all), it would at the very least mean that there would be a new management team overseeing the development of future Panasonic TVs. In one particular doomy scenario, we’d end up with TVs that bear the Panasonic brand, but that don’t offer the exciting performance of the company’s current flagship, the Z95B OLED TV, which won one of Digital Trends’ Top Tech of CES 2025 awards.

The other possibility is that Panasonic won’t be able to sell the TV business, in which case it may elect to simply shutter it. That would be sad for the world’s TV enthusiasts. Panasonic has a legendary history of moving TV technology forward, from its original CRT tube TVs to the plasma models that effectively ushered in the age of high-quality flatscreen HDTVs, to its current class-leading 4K OLED TVs.

Instagram is making its way to yet another screen, and this time, Apple TV is getting a taste of the Reels rabbit hole. The company has launched a dedicated Instagram app for Apple TV, bringing Reels, longer videos, and live shows to the big screen. So, if watching one quick clip on a phone somehow turns into an hour of scrolling, there's now a much larger screen for that.

Instagram brings Reels and more to Apple TV

Audio-Technica, a brand well known for making some of the best studio and professional headphones on the market, has just come out with the ATH-AWX7000, which the company itself claims to be its "finest headphones ever." The new flagship closed-back headphone has debuted at an eye-watering price of $3,799. It combines hand-finished Japanese woodwork with a newly developed 58mm driver.

The earcups are made from Kiso cypress, a prized wood historically used for Shinto shrines and Buddhist temples. Each housing is finished by hand with traditional Echizen lacquer, which brings out the grain and is expected to darken over time. The frame and sliders are finished in a deep navy kachi-iro shade traditionally associated with samurai.

This post is brought to you in paid partnership with Best Buy.

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