Philips to Move Out of Front Projector Business

<P><FONT face="Arial, Helvetica, sans-serif" size=2>Royal Philips Electronics announced its decision to stop manufacturing front projectors. Philips has decided to focus its resources on display technologies in which it has a leading position, such as LCD, Plasma and LCOS (rear projection.)</FONT></P><P><FONT face="Arial, Helvetica, sans-serif" size=2>It seems the front projection community may be somewhat condensing. If the less innovative manufacturers are opting to get out, then this can only mean greater competition amongst the remaining business models. Reducing the field of underwhelming options is probably a good thing for the consumer, provided there remain solid solutions for all price points from the remaining manufacturers.</FONT></P><P><FONT face="Arial, Helvetica, sans-serif" size=2>Read the Press Release</FONT></P>
 
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