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Toshiba Gives Up Selling TVs in U.S.
- Consumer Reports, Monday, February 2, 2015 9:51 AM
Citing intense price competition in the U.S. TV market, Toshiba says it will stop selling TVs in this country, and license the Toshiba TV brand to Compal, a Taiwan-based electronics company. Toshiba is the latest consumer-electronics manufacturer to quit selling TV's here. Funai now controls the Philips and Magnavox brands, and On Corporation makes RCA-brand TVs. Pioneer left the TV market in 2009, and Mitsubishi in late 2011.
