|Mitsubishi Drops LCDs to Focus on Big Screens|
|Home Theater News Rear Projection HDTV News|
|Written by Dick Ward|
|Friday, 18 March 2011|
It's been clear to anyone looking at the industry for the last few years that Mitsubishi just isn't competitive in the LCD marketplace. When you think Mitsubishi, you think about massive televisions. The idea that they even make LCD sets at this point seems odd. Mitsubishi agrees.
They announced over the weekend that they'll be eliminating LCD production in order to focus on the massive sets they're known for. According to the press release, the company will focus on micro-display projection sets and Laservue TVs measuring 73 inches and up.
Sadly, Mitsubishi will be cutting its workforce in accordance with the new direction. The Ontario and Braselton, Georgia offices will close and all services will relocate to Irvine, California. Their factory in Mexicali, Mexico will cut down on workers, but won't close completely.