Word: analyst
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...able to produce the panels at a lower cost. With cheaper panels, TV makers can afford to sell LCD TVs at lower prices. "Manufacturers [of LCD panels] will have to cut prices substantially, and that should be positive news for the TV business," says Ryota Sugishita, a technology analyst at Daiwa Institute of Research in Taiwan. Sugishita expects LCD-TV prices to plummet 30% a year...
...prices. Competition will only intensify as Chinese companies like BOE Technology expand their production next year. LG.Philips LCD and Korean rival Samsung Electronics, the two largest makers of LCD panels, may be best placed to weather any downturn because of their large market shares, strong technology and deep pockets. Analysts are most worried about smaller Taiwanese companies. Under current market conditions, "manufacturers have very little to gain," says Hitoshi Kuriyama, a consumer-electronics analyst at Merrill Lynch in Japan. "The winner is the consumer...
...looks as though it will be only a matter of time before that old TV is as obsolete as a VCR or cassette player. "In 10 years' time, it'll be embarrassing to have a regular, old-fashioned TV set," says Martin Reynolds, an analyst at technology-consulting company Gartner in Stamford, Connecticut. If the Asian glut continues, chances are most television fans will be able to have a flat-panel TV hanging in the living room long before that...
...irregularities in Parmalat's financial dealings. And it says auditors are often shifted from accounts for any number of reasons, although it's not known who was responsible for Olivetti's move. In December 2002, a full year before the company collapsed, Joanna Speed, Merrill Lynch's food industry analyst in London, became the first big bank analyst to issue a "sell" recommendation on Parmalat stock; she found the accounts incomprehensible. Despite such misgivings, however, business continued as usual. Six months before the collapse, Kenneth Lewis, the chief executive of Bank of America, flew to Parma to pay a call...
Pildes has commented on the 2000 and 2004 elections as a legal analyst for NBC News...