Sony announced today it will no longer manufacture rear projection TVs and will instead focus on LCD (liquid crystal display) and OLED (organic light-emitting diode). Apparently they were losing money on the rear projection units — down to 400,000 from over 1 million the previous fiscal year.
The precise but pricey OLED technology was first introduced into a consumer television product this month, as Sony launched the Sony’s XEL-1 in Japan. Measuring only 3mm thick, and about $1700, this is a technology that is sure to take off soon. In the meantime, LCD and PDP (Plasma Display Panel) technologies will continue to improve and decrease in costs.
