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...will be reached in the near future. That's because the Asian consumer-electronics companies that dominate the flat-panel industry are building too many factories too fast. A glut is in the offing, and while prices have already been falling, more rapid declines are expected. Consulting firm iSuppli Corp. estimates that a 37-in. (94-cm) LCD TV that now retails for more than $4,000 will cost half as much in 2006 and is likely to be less than $1,000 by 2008. Plasma TVs will also see prices decline. A 42-in. (107-cm) plasma set that...
...Semenza. Adjusted for inflation, that's $6,700 today?comparable to the most advanced flat-screen TVs. The advent of the flat TV is seen by an electronics industry accustomed to razor-thin margins as a chance to reap some fat profits from a new technology. Japan's Sharp Corp. announced this month that sales of LCD TVs contributed to pushing up profits 40% in the first half of this fiscal year...
Kohlberg is now CEO of Ramot, the technology transfer company of Tel Aviv University, as well as its parent company, TAU Economic Corp. Ltd. From 1989 to 2001, he filled a number of roles at New York University, including vice provost...
Meanwhile, PetroChina may dramatically expand its holdings in Sudan as part of a multibillion-dollar restructuring deal with its parent company, China National Petroleum Corp (CNPC...
Diebold, the leading manufacturer of e-voting machines, suffered the indignity of having its home state of Ohio disqualify its machines because of suspect technology. A December 2003 report by Compuware Corp., a widely respected software and computer-services firm, found at least four security weaknesses in Diebold's AccuVote-TS. Most distressing: anyone who lays his hands on a voting supervisor's card could access the system and tamper with results. A 2003 Johns Hopkins University study found that hackers could devise their own smart cards and vote multiple times or alter voting results. A Diebold spokesman insists that...