Sony Discontinues Rear-Projection TV
Sony said Thursday that it was dropping its money-losing rear-projection TV business worldwide to focus on flat-panel technologies. In October, Sony lowered its global sales forecast for rear-projection TVs, which use a projector to create images on large screens, to 400,000 from 700,000, which is down from 1.1 million the previous fiscal year.
By contrast, Sony expects to sell 10 million liquid-crystal-display TVs this fiscal year through March, up from 6.3 million the previous year. Earlier this month, Sony began selling an 11-inch TV that uses a relatively new but expensive flat-panel technology called organic light-emitting diode. The set, called the XEL-1, measures just 3 millimeters, or 0.12 inches, thick and delivers clear, vivid images.
Comments are closed.