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sony to focus on flat panel tv technology
Global projection TV business focused on two tablet technologies
LCD and organic light source
The company said on Thursday that LEDs. Sales of rear-
Sony said that as LCD TVs are becoming more popular and larger in size, projection TVs have been declining recently.
The spokesman said.
Sony cut its global sales forecast in October. projection TVs—
It uses a projector to create an image on a large screen
Down from the previous 400,000 to 700,000 from 1.
1 million vehicles were sold last fiscal year.
By contrast, Sony expects LCD TV sales to exceed 10 times as of the third quarter of this fiscal year: 10 million LCD TVs, up from 6.
3 million of the previous year.
After-Sales of Sony 85
Projection TV in AmericaS.
According to Obana, this ratio is about ten per cent in Europe.
Sony produces these TVs in three factories in Japan, Mexico and Malaysia, but all production will stop, he said.
Decision to abandon the rear
The projection TV highlights Sony\'s strategy to focus on LCD and oled as competition for flat-screen televisions intensifies.
Half of the finances
Sony lost $526 as of September.
Television business in the US $3 million, in part due to losses associated with the rearprojection TVs.
The price drop in LCD TVs is also responsible for red ink, Obana said.
Electronics manufacturers around the world are developing LCD technology for television sets, and another technology called Plasma Display (PDP.
Earlier this month, Sony began selling small 11-
Use a relatively new but expensive flat-screen TV
Panel technology called OLED. Sony\'s XEL-
It is only 3mm thick and provides a clear and vivid image.
Earlier this week, Panasonic Electric Appliance Industry
Hitachi joined hands with Canon to build Panasonic brand products
In their LCD business
This is another sign of how Japanese electronics manufacturers are forced to work together to get through tough competition.
Sony is aligned with South Korea\'s Samsung Electronics, a liquid-crystal display. Sharp Corp.
Another major LCD manufacturer in Japan has established a partnership with Toshiba. last week.
According to the agreement, Toshiba will buy LCD TV panel from Sharp.