Gateway turns off the TV

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Gateway turns off the TV

The computer maker confirmed Thursday that it is exiting the business that it entered with much fanfare in late 2002. At the time, Gateway snagged plenty of headlines and attention from rivals when it started selling a plasma TV for $3,000 – thousands less than many competitors were charging. The company later added LCD models.

More recently, however, the company has been retreating from its foray into the consumer-electronics market and focusing its attention on the core PC business.

Read the complete story. (news.com)