Canon mothballs ‘next gen’ display project
Canon has liquidated a subsidiary that was commercialising a flat panel display technology, SED.
The company’s Board of Directors announced that the subsidiary, SED Inc, would be dissolved on September 30, 2010, citing a decline in flat panel display prices.
SED Inc had been working on what Canon described as the “next generation of flat-panel displays” - Surface-conduction Electron-emitter Displays. The new electron source system had been used successfully in a prototype that was said to achieve high levels of brightness, colour and quality performance.
However, in a notice regarding the liquidation, Canon said: “In recent years, faced with flat-panel television declines that have been larger and more rapid than expected, Canon, determined that securing appropriate profitability would prove difficult”.
Canon has pledged to continue SED panel-related research and development activities.