
"If we want to continue developing this backlighting technology, we'll have to make new investments. At the same time, LEDs (light emitting diodes) are getting ripe for the market and they enable thinner TV sets, so we've chosen to invest in those," says a Philips spokeswoman.
Philips actually unveiled its flickering backlight technology some time ago and it is featured in several high end flat panel televisions, however it may take some time for televisions equipped with this technology to reach a cheap enough asking price for mainstream consumption.
Source:
Reuters