On April 16, 2008, Victor Co. of Japan (JVC) announced the decision to end its domestic production and sales of flat panel display (FPD) TVs this summer. JVC will instead focus on the European and US markets as retail prices of FPD TVs in Japan have experienced sharp declines while sales in other markets such [...]

Reuters reported on April 2, 2008 that Best Buy commented on a slower growth expectation for the FPD TV industry in 2008 due to a softer US economy during its conference call. Mike Vitelli, Best Buy’s Senior Vice President for Home Solutions, stated that FPD TV demand is continuing to grow but that the tube [...]