Sony to stop manufacturing rear-projection televisions

Sony has said in a statement that they are joining the list of companies who are moving out of the rear-projection televisions market.

The company plans to stop manufacturing rear-projection televisions which have failed to provide a genuine challenge to LCD and plasma displays in the flat-TV market.

They are going to focus their attention on LCD and OLED technology based television sets.

Sony said that they would halt the production of these television sets at three plants in Japan and overseas in February.

Seiko Epson and Hitachi are other two companies which are or already have moved out of this segment of the market.

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