Sony ceases FED development due to lack of funding
03/26, 3:55pm
Sony quits on FED tech
Sony officially abandoned plans to purchase a plant and equipment to develop its Field Emission Display (FED) technology in February because it couldn't locate funding for the equipment. Sony owned 37.8 percent of FE Technologies, a company that was devoted to developing and releasing a commercial 26-inch TV by the end of 2009. Sony has already began liquidating its remaining assets related to the technology.