Guardian: Seiko Epson Corp said it has halted production and sales of its rear-projection TVs, becoming the latest company to distance itself from a technology once seen as a promising rival of LCD and plasma televisions.
Seiko Epson will focus resources on front projectors, but it is not withdrawing from the rear-projection TV business and will continue its research and development activities for rear-projection models, a company spokesman said on Thursday.
Demand for rear-projection TVs, which were once dominant in the large-sized flat TV market, has been dwindling as electronics makers in recent years started offering larger and cheaper LCD and plasma models.
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