3 posts and columns on flat-panel televisions

Sharp, LG Warn of TV Glut

in News on October 28, 2010 at 11:33 am PT

Sharp Corp. and LG Electronics Inc. warned that a glut of inventory for flat-panel display televisions will continue to pressure prices during the critical year-end holiday shopping period. The inventory build-up of liquid crystal display televisions is the result of a surge in production by global TV makers this year following a period of reduced output in the aftermath of the financial crisis, when consumer spending plunged.

Falling Prices Starting to Hit Electronics Retailers

in News on December 16, 2009 at 12:30 am PT

Shoppers are stocking up on consumer electronics, but rapidly falling prices for televisions, computers and other gadgets are adding to the woes of recession-scarred retailers. Industry bellwether Best Buy Co. said Tuesday that revenues grew and earnings quadrupled for its third quarter ending in November, citing higher sales of inexpensive netbook computers and smaller flat-panel televisions.

Consumers Give Lift to Technology Sales

in News on August 31, 2009 at 5:00 am PT

Consumers are helping pull the technology sector out of one of its worst-ever slumps, and optimism is building that businesses may also start switching on their spending soon. That upbeat picture emerged as some bellwether technology suppliers issued numbers that were stronger than Wall Street expected, though still reflecting the recession’s harsh effects.