Panasonic Drops Price of 103" Plasma by $20,000

ErikStenger

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Price drops are great. Who doesn’t like being able to buy cool new gadgets at a lower price than they were just a week ago? Panasonic today announced that it has dropped the price of its amazing 103-inch plasma 1080p HDTV by $20,000 – enough to buy a car! Unfortunately, its previous price was $70,000, so the new price tag is still a hefty $50,000 – enough to buy a much nicer car!

How did Panasonic come to such a sizable price drop? Andrew Nelkin, president of Panasonic professional display, explains, "The combination of advancements in Plasma production technology and the tremendous worldwide success of the Panasonic 103-inch Plasma HD Display over the last two plus years have enabled us to increase production as well as efficiencies, and thereby make it available to a wider range of customers at a lower price point."

Panasonic said that demand for this gigantic plasma HDTV exceeded company expectations. Since its debut, more than 6,000 Panasonic 103-inch HD Displays have been installed worldwide. "When our 103-inch Plasma first debuted, it was a made-to-order product," Nelkin added. "Demand for the 103 exceeded our initial expectations, and its popularity continues."

We’re guessing that most won’t be plunking down the cash for this one, but you can still catch a glimpse of it in action as the Panasonic 103-inch plasma has been installed in a wide range of high-visibility commercial applications in the U.S. including studios at NBC, CBS, TNT. It can also be seen at Sam's Town Hotel & Gambling Hall in Las Vegas, NV; Pechanga Resort and Casino in Temecula, CA; the U.S. Patent & Trademark Office's Inventors Hall of Fame in Alexandria, VA; New York's City Hall; and East Coast Malls in White Plains, NY and Jersey City, NJ.

The official model name for the TV is TH-103PF10UK and features 7-1/2 ft. by 4 ft. of viewing space, supports up to a 5 x 5 video wall natively.

(I’ve got the wall, now all I need is the TV.)
 
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