Sony quites rear-projection TV business

Posted on Friday, December 28 2007 @ 12:06 CET by Thomas De Maesschalck
Sony announced it will quit manufacturing rear-projection TVs:
Sony said it would focus its resources on liquid crystal display (LCD) and organic light-emitting diode (OLED) technology to address the flat-TV market, which is growing rapidly as consumers trade in their boxy tube sets for sleeker flat screens.

The consumer electronics firm plans to stop making rear-projection TVs at three plants in Japan and overseas in February, company spokesman Shinji Obana said.

Seiko Epson Corp said earlier this month that it had halted production and sales of its rear-projection TVs, while Hitachi Ltd withdrew from the North American rear-projection TV market earlier this year.


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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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