In a move that Kenny Rogers would likely approve, Dutch electronics giant Philips Electronics N.V.
Which begs the question: Is Philips making a mistake by exiting the very market that Intel wants to break into? I don't think so. Philips admits that it has precious little market share in rear-projection televisions. Japanese rival Sony
LCD TVs, for instance. As we've written here before, Philips has already committed a great deal of time and money to its investment in LCD production, and has found a reliable and expert partner in Korea's LG Electronics. The two companies brought public a joint venture to produce the popular flat screen TVs earlier this year: LG Philips LCD
Want to learn more about the investment potential of the LCD producers? Read:
- Toshiba to Arm Canon
- The Flat Panel War Widens
- Monitoring Flattened Screen Sales
- Philips' Future Gets Smudged
- Corning Comes Through
Fool contributor Rich Smith owns no shares in any company mentioned in this article.
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