You must already know the brand Hitachi television! Now the TV is not going to exist anymore. Japanese electronics company Hitachi said it will stop producing televisions in Japan starting from September 2012. I quoted this news from the BBC.

This announcement comes a spokesman for Hitachi, Sayori Nishno, Monday (23/1) at the current price wars cut revenue electronics companies.Television producers face a very tight competition. Television manufacturers around the world affected by tighter competition and a continued decline in profits while at the same time consumers are reluctant to buy expensive television sets.

August last year, Hitachi, Sony, and Toshiba combine their LCD units, which in practice established television companies / small and medium-size monitors in the world.

The company will receive 90% of operating funds or U.S. £ 2.6 billion from the Japanese government.

By working together,their market share to more than 20%, outpace their competitors from South Korea, Samsung.