One of the biggest names in the projection TV market has always been Mitsubishi. In years past, there were other names in the market including Sony and Samsung, but those two companies long ago abandoned rear projection TV fans. The lone holdout for all these years has been Mitsubishi offering a full line of big-screen rear projection TVs.
Mitsubishi has now announced that it plans to discontinue its line of rear-projection TVs. Consumers have increasingly gone to LCD and plasma TV screens with even plasma TVs slowly going extinct. Mitsubishi offered rear projection TVs of 70 inches and over in size.
The TVs were far from inexpensive suggested with prices of around $6000. Mitsubishi TVs used DLP technology and the company is vacating the rear projection TV market focus on other products such as projectors and printers.
via The Verge
Have a look at our handy guide which explains the difference between LCD and LED TVs.