Mitsubishi changing course: No more LCDs?
All things must end, but some things make more sense when they end, and this is just such a case: Mitsubishi, knowing their focus on LCDs was based on losing ground at a fairly steady pace, has abandoned the LCD market for their huge projection TVs they’re known for, along with some downsizing of their TV operations. See this excerpt from Engadget:
That we didn’t spot a successor to Mitsubishi’s well-received line of Unisen LCD HDTVs at CES 2011 should have been a signal, but now the company has made it official — it is downsizing TV operations, closing some offices and leaving the LCD TV business entirely. As the only company still selling rear projection sets to consumers, a letter from senior VP Cayce Blanchard (included after the break) indicates the plan is to focus on selling DLP and Laservue TVs in sizes above 73-inches where its flat panel competitors rarely reach.
We like the fact they’re focusing a bit more, it should help them dominate the huge rear projection market they’re shooting for pretty easily.