Word: tvs
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...year when demand for consumer electronics and computers has been, well, flat, flat-screen TVs are indeed one of the few products that are generating buzz during the holiday shopping season. Unlike Shukla, however, most consumers are merely drooling over, not buying, flat-screen models, for a pretty obvious reason. While a conventional 20-inch crt (cathode-ray tube) TV can be had for well under $400, a comparably sized flat-screen is about four times more expensive. Giant versions of 40 inches or more have giant price tags as well. A 61-inch model made by Japan...
...Tech: Flat-Screen TVs...
...Industry analysts say it may take several years before prices fall into a marketplace sweet spot, where buyers see the advantages of flat-screen TVs as worth the premium they command compared with conventional boob tubes. But competitive forces are already in play that could make that day come sooner rather than later. The prospect of hundreds of millions of TV viewers dumping their old sets and going flat has drawn the world's most innovative consumer electronics companies into the market, among them Sony of Japan and Samsung of South Korea. At the same time, manufacturers are pushing...
...computer maker Gateway jumped into the flat-TV market with the first 42-inch plasma model selling for less than $3,000, undercutting existing brands by at least $1,000. Paul O'Donovan, senior analyst at consulting firm Gartner Dataquest, predicts that by the end of 2004, lcd TVs at sizes under 20 inches may cost just $50 more than comparable crts. Prices in general are expected to fall by at least 20% a year for the next several years...
...With each decrease comes a surge in new buyers. According to U.S. market research firm iSuppli/Stanford Resources, sales of flat-screen TVs will double in 2002 to nearly 1.7 million units and will reach 12 million by 2005. "Soon, people won't buy the old TVs anymore," predicts Gary Yuen, a salesman at a Fortress electronics store in Hong Kong...