The long term goal for Hitachi is to move out of consumer electronics and into infrastructure systems like power and rail.
It's been a few years since Hitachi has made their own TVs for sale in the U.S. but the company has been keeping things going in Japan, at least up until now. Over last weekend Hitachi announced that they'll be quitting the TV game.
Hitachi will still be selling TVs under the Hitachi name in Japan, but they'll be outsourcing the manufacturing to a third party. They haven't yet said who that will be. The sole TV manufacturing plant won't be shutting down though. It will instead begin focusing on projectors and home theater components as well as television repairs.