Report: Dell to Exit HDTV Business
By BetaNews Staff, BetaNews
June 7, 2007, 11:52 AM
Dell is rumored to be exiting the HDTV business by the end of this month, a little under four years after it first entered the market to diversify its product portfolio, according to Taiwanese business newspaper Economic Daily. While the company only sells HDTVs in the US and Japan, it was not immediately clear whether the decision was part of the continuing reorganization of the company, or due to poor sales.
The Texas-based electronics maker has pulled out of other sectors in the past, including the music player business. The paper seems to indicate that founder and CEO Michael Dell played a large part in the decision. He returned to the company he founded amid declining revenues and falling market share earlier this year. Since then, the company has begun to focus on its core product: personal computers. Dell had no comment.
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