During a downsizing move, Mitsubishi is dropping its LCD TV line, and pinning its hopes on the DLP TV market. This will mean a decline in external vendors who have been supplying their LCD panels while Mitsubishi continues to manufacture their own DLP (digital light projection) versions in Mexico.
As Mitsubishi Digital Electronics America (MDEA) cuts costs, leaving the LCD-TV marketplace, they are closing their Braselton, Georgia office which reportedly employees over 500 people, and its Ontario site. It was not noted whether employees will have the option to relocate to Irvine, California.
