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.
As we unveil EE Times’ 2015 Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. Panelists Dan Armbrust (investment firm Silicon Catalyst), Andrew Kau (venture capital firm Walden International), and Stan Boland (successful serial entrepreneur, former CEO of Neul, Icera) join in the live debate.