Mitsubishi is ending rear-projection TVs, ceases production of DLP and laser models

It's time for someone over at IDC to pop the champagne, as its 2007 projection about the end of rear-projection TVs turned out to be only a year off, now that the last company still making them has announced it's getting out of the game. As first reported by CE Pro, Mitsubishi is finally ceding to competition from flat-panels which have grown to equally ridiculous size, and cut prices so sharply that it "can no longer sustain our business in its current form." The company's official statement is...