Teaming Up - Google, YouTube and Matsushita

Technology,  people either love it or hate it.
Now in a move that will ensure people remain even more rooted to their living rooms, we're soon going to be able to watch internet enabled television.

Yep, there will no longer be a "need" to even buy a laptop in order to have both computer and television on hand at the same time.  I know several people who do this, though I have no idea how they can seriously watch a movie and be cruising the internet at the same time.

As technology trends usually go, when the new television sets do appear on the market, the older models will become quite a lot cheaper, making television well affordable for many extremely low income families.

I found the fact that the writer of the above quote had no idea what Picasa was .. amusing.  But only because it feels weird to conceptualize someone not knowing what Google's premier photo cataloging software happened to be.  Then again not everyone is aware of what happens in the on-line world.

This new technology comes at a time, when the permanent changeover from analog to digital television (DTV) is soon to hit America.

Matsushita, Japan's largest consumer electronics producer has their head office is in Kadoma, Osaka Prefecture and they received an extremely high profile visit in late December of 2007.

Greeted with around 150 waving Chinese and Japanese flags, Li Ruihuan, the #4 official of the Chinese Communist Party was shown around the headquarters. So Google at least is getting into bed with someone (roughly) as large as itself.

It has also been announced that Matsushita will officially be renaming itself to Panasonic from October 1 of this year.  Since more people know their televisions by that name, the head honchos feel that it will help their company be a more powerful competitor in the world of electronics.

The change of name will set the company back around 30 billion yen.

It's like putting everyone into a tumble dryer to see what comes out in the end.

Source:

Japan Economy

Image Source:

Japan Economy