Things have changed in the display business in the recent years. Mitsubishi has been a fairly large player in the TV business for many years and in the US they have had decent success. But now itâ€™s over. Mitsubishi has sent out a press release reporting that they plan to exit the LCD business, and instead focus on 73-inch and above sized screens.
Mitsubishi exits LCD business
Mitsubishiâ€™s Unisen LCD-TVs have been around for some years but Mitsubishi had no successors lined up at CES 2011 in Las Vegas. That was not a coincidence.
Mitsubishi has announced that they are closing their LCD business and leaving the business entirely. Instead Mitsubishi plans to focus on their own rear-projection and LaserVue TVs above 73-inches. Mitsubishi will also continue to sell projectors, display walls, and large size public displays for shops and advertising.
Goodbye Mitsubishi. Welcome Chinese LCD-TV makers?