Sony to stop making rear-projection televisions Electronics giant to focus on LCD and OLED
28 December 2007 9:53 GMT / By Amy-Mae Elliott
Sony has announced it is to be the latest company to exit the rear-projection television market.
The Japanese electronics giant said it is to focus its future resources on LCD and OLED technology, seeing the flat-screen market as the way forward for consumer's living rooms.
Company spokesman Shinji Obana said the firm plans to stop making rear-projection TVs at three plants in Japan, as well as overseas, in February.
Seiko Epson and Hitachi have recently made similar statements.
Sony revealed that it was forced to reduce its rear-projection TV sales target for the year to March by 43% to 400,000 units, following poor sales.
Recent data from Gfk shows that sales of flat screen televisions have risen by 182% year-on-year as the prices of these kind of sets fall.
Related links
Latest in HomeCinema
Latest on Pocket-lint.co.uk
-
HOMECINEMA
LG Scarlet LG80 LCD TV Launches
-
AUDIO
Awards Nominations In Full
-
PHONES
Product Of The Year 2008 nominations
Comments