Intel Kills TV Chip Plans

edited October 2004 in Science & Tech
Earlier this year, Intel delayed its chip for large-screen televisions. Now the Santa Clara, Calif.-based company is killing it.
Intel has stopped work on its liquid crystal on silicon semiconductor, stating that the cost of research and development necessary to produce the product wouldn't be worth the potential revenue. "It is a return-on-investment issue," Intel spokeswoman Shannon Love said. The chip--involved in the process of projecting video and images onto large screens--was announced at the Consumer Electronics Show in January. Intel President Paul Otellini said it would let television manufacturers come out with large-screen projection televisions that sell for less than $1,800 by the end of the year. Some Chinese manufacturers had agreed to build sets around the technology. This year hasn't been a good one for Intel. The company has had to delay or cancel a number of products. The last time it had a similar experience was in 2000.
Wow, yet another chip that got the axe by intel. They are on quite a roll with this. -KF

Source: c|net
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