12 December 2006
PRICE WAR OVER BIG-SCREEN TV SETS COULD HURT MAKERS, SAYS SONY
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PRICE WAR OVER BIG-SCREEN TV SETS COULD HURT MAKERS, SAYS SONY
The current price war between manufacturers and retailers of big-screen LCD and plasma TV monitors will likely see price drops of 25-30 percent this year, according to Sony Electronics President Stan Glasgow. CNET News quoted Glasgow as saying that the plunge in prices has narrowed the profit margins of all manufacturers and could leave them weakened and less able to invest in future technologies.
12/12/2006
