Sony quits LCD display market

Posted on Friday, Oct 13 2006 @ 06:17 CEST by Thomas De Maesschalck
Xbit Labs reports Sony has decided to quit the LCD display market totally in several months time.
After abandoning Japanese and North American LCD markets, the company has similar plans for the European markets due to low profit margins and general weakness of its LCD business among consumers.

An official spokesman for Sony in Europe is reported to have told Heise Online web-site that the company would introduce several new G-series LCD models this year, but the last shipments would occur in December, 2006. Earlier it was reported that Sony would quit LCD monitor business in Japan and in North America starting from October, 2006, and to cease LCD supplies to other regions in 2007.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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Re: Sony quits LCD display market
by Anonymous on Friday, Oct 13 2006 @ 11:19 CEST
Just LCD monitors or the TV's as well?