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Vizio plans to pull out of plasma display panel production and concentrate instead on LCD TVs.
In an interview with the New York Times, company cofounder Laynie Newsome said the decision came largely because LCD TVs show better in stores and moves off shelves faster. Vizio presented only LCD models at CES earlier this year.
Vizio plans to introduce both its first LED-backlit model and its first Blu-ray player this spring.
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