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|22nd March 2011, 06:35||#1|
Mitsubishi Says Bye-Bye to LCD TVs
Washington, D.C. (March 20, 2011) -- Mitsubishi has announced that it's exiting the LCD business to concentrate on large-screen televisions.
The company had been struggling to compete in the LCD category, falling behind such companies as Vizio, Samsung, Sony, Toshiba and LG in sales of the flat-screen set. However, Mitsubishi is one of the few TV makers to offer microdisplay rear and front-projection sets larger than 73 inches.
By dropping LCD production, Mitsubishi can focus on strengthening its niche in the big-screen TV category.
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