Canon has been working for years to bring SED or surface-conduction electron-emitter displays to the consumer market. These displays were once thought by Canon to be the future of TVs in homes because they offer high resolution and low power consumption.
The problem for Canon and its early partners reprots Reuters was that at the time it began development of SEDs for home use makers of LCD and plasma panels slashed prices making developing a profitable SED TV difficult. Canon has announced that it has frozen the development of SED screens for use in homes.
Canon will continue to develop the SED panels for use in commercial applications like medical equipment. Canon reports that it does not plan to write down assets related to the development of SED panels.