Oh yes, maybe you are right, but there is actually no difference between the drivers of LCDs and LEDs only the back-lit lamps are getting changed in two different technologies. So it is some other reason being going out of the business, the article suggest that Renesas is coming out to focus on the Embedded Systems and Control their main area in the field of Electronics.
If i remember correctly then last year itself there was some fund created to keep the company and technology alive. In coming time, companies are focusing more on LED and OLED based display technologies but i think LCD display demand is still quite high.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.