This Day in History: April 28
April 28, 1994
US Companies Get Aid from Government
The Clinton administration unveils a multimillion-dollar program to aid US companies that make flat-panel display screens as part of an effort to help the industry stay afloat in light of Japanese domination of 95 percent of the industry. The funding comes partly from the Defense Department, for use of flat screens on military equipment. The flat-panel display market had previously been limited to laptop computers.