Google and Panasonic Set To Launch Internet TVs.
Internet Search Leader Google has announced that it is developing televisions that display Internet content such as photos and videos together with Panasonic that is owned by Matsushita Electric Industrial Company.
The new Internet TVs from Google set to launch this spring allow users to directly browse and access videos from YouTube, a video-sharing Web site owned by Google, and view Picasa Web Albums, a free online photo-sharing service from Google, Panasonic said in a statement on Monday.
"Panasonic's cooperation with YouTube and Google's Picasa Web Albums exemplifies our commitment to leading the natural evolution of the Internet and extending it to the High Definition television," a Panasonic Consumer Electronics Vice President said.
The Google internet TV news sent comes just after Matsushita, the world's top plasma TV maker, said it would take control of a liquid crystal display LCD TV joint venture and may build a new factory, marking a major shift in its strategy for the flat panel TV market. Matsushita has until now invested aggressively in plasma displays in the belief that it was the most cost-effective technology for flat TVs larger than 37-inches, while procuring LCD panels to make TVs for smaller sets.
