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Mitsuibishi Announces the End of its TV Business

Mon Dec 03, 2012 at 12:00 PM ET
Tags: DLP TVs, Mitsubishi (all tags)

And since Mitsubishi was the only company making them, this is also the end of consumer DLPs.

Mitsubishi has, for years now, been the one holdout when it comes to DLP sets. Long after other manufacturers began to focus on LCD and plasma, Mitsubishi was making DLP sets, some of which still have no size match from any display. They also beat LCD and plasma sets significantly on the price front. It gave folks the choice between, say, a 55 inch LCD and an 80 inch DLP.

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Mitsubishi has announced that it will be leaving the TV market to focus on more profitable but less outwardly visible venues. The company will still be making home theater projectors as well as commercial displays. The Mitsubishi TVs available now in stores and online may be the last you ever see – if you're a DLP fan, now's the time to drop some cash.

Source: Electronic House

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