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Hitachi Sticking with CRT Monitor Market

It's the tube manufacturing that's going (August 08, 2001)
On July 27, Hitachi sent an announcement that made it sound as if the company is withdrawing from the CRT market altogether. Actually, the company will continue to market CRT monitors but decided to stop manufacturing the cathode ray tubes.

"The sluggishness of the desktop PC market has reduced demand for CRTs for PC monitors, leading to a sharp fall in prices. Moreover, with future demand expected to shift to LCD monitors, there are no prospects for growth of the monitor CRT market," they said.

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