Another one bites the dust -- sort of. Mitsubishi just made the announcement that they will stop producing all consumer HDTVs 65 inches and under, in favor of a larger role in commercial displays. The company's new line will also get a new name, Mitsubishi Electric Visual Solutions America.
Making their home in the same Irvine, California offices, the new company will focus on 2D and 3D systems for the professional side, including front projectors, data wall display systems, projectors, LCD digital signage monitors, and professional industrial and photo printers.
"The demand for information display equipment continues to grow beyond just pictures and images," said Yasushi Moriyama, president/CEO of Mitsubishi Electric Visual Solutions America. "There is a significant benefit in being able to present more information on a large display of any kind. We are very excited about using our experience to create a large-screen visual solutions company. This is a great opportunity to strengthen our commitment to the brand, our high-quality products and strong customer service, pre-and-post sales."
According to CEPro.com, Mitsubishi announced in March that they were leaving the LCD business. However, they have been very active with DLP, and will continue to produce 3D TVs for a limited audience.
That means if you're a consumer interested in getting one of the company's HDTVs, you aren't totally out of luck. The company says that they will continue to manufacture and sell 3D DLP Home Cinema and 3D LaserVue HDTVs in sizes 73 inches and up. Of course, there are still other sizes out there to buy, especially on the 3D side (see our 2011 Active 3D Buyers Guide). The company will also continue to provide support and service to new and existing customers.
Mitsubishi Electric Visual Solutions America, Inc. will officially launch on June 1, 2011.
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