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Panasonic execs bullish on Blu-ray

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FROM TWICE: Call dual-format supporters LG, Samsung 'stupid companies'

By Steve Smith of TWICE -- Video Business, 10/4/2007

OCT. 4 | FROM TWICE: Chiba, Japan — Top executives of Matsushita Electric Industrial, marketers of the Panasonic brand worldwide, made pointed comments about the Blu-ray/HD DVD format war and current consumer electronics conditions to the press at the CEATEC Japan 2007 show on Tuesday.

The most direct remarks in roundtable discussions with the press were from Kazuhiro Tsuga, executive officer, who was reminded of his criticism of combination Blu-ray/HD DVD players in the past when he said that Panasonic “would never introduce such a stupid product.” When asked if LG and Samsung’s combi introductions have changed Panasonic’s mind, he joked that they haven’t “like those stupid companies.”

Read the full story on TWICE.com.

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