NEC Display “is not going anywhere,” according to NEC Display president Pierre Richer, in an interview Monday.
The company is not exiting the LCD monitor business, although it has pared its product line about in half, from 100 products down to between 50 or 60, Richer said. “You hear the word LCD, and everyone thinks monitor; it’s only components” that are being affected, Richer said.
In a corporate presentation Friday, NEC published a slide claiming that it was exiting LCD-related businesses. I called NEC Display for comment on Friday, and a company representative essentially put me on hold until Monday.
Although NEC Display had the opportunity to deny the report then, Richer said that he and other company executives wanted to coordinate with colleagues both in Europe and in Japan. At the time, Richer said, he didn’t feel “confident” enough to talk to a reporter. “This took everybody by surprise,” he said.
A source close to the company said that he had heard that NEC Display had sourced high-end panels (such as in the MultiSync 2190uxi and its medical displays) from NEC Technologies, which apparently will be pulling out of the business. He confirmed, as Richer said, that NEC Display would begin buying them from other panel suppliers.