Thursday, February 09, 2006

Conventional TVs losing popularity

in a day or two.Heres a story from Financial express that says so.

...With poor demand for conventional (round picture tube) colour television (CCTVs), the segment is reeling under 18-20% dip in market growth in January 2006. CCTV accounts for Rs 7,500 of the Rs 20,000 TV market.

As a result, durable companies have begun slashing CCTV production at their factories. India’s largest consumer electronics compnay LG Electronics India is cutting production of CCTV models from 16 to 9 in the first quarter of 2006 at its Noida factory...

So did Videocon get it wrong? (Not that they expected a surge in popularity for conventional TVs, but did they expect it this soon? And then again maybe they do have a line for flat TVs)

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