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Hitachi to slash plasma TV prices
This is a significant price cut, but not as much as the 30 per cent that
was promised in recent months but, who’s complaining? Plasma TVs are coming
under increased competition from LCD TVs, which are increasing in size and getting
cheaper – although not as cheap as plasma. 
Competition is fiercest in TVs under
40ins. The price cut should help boost sales and will hopefully, for consumers,
spark a price war with other plasma manufacturers.
Speaking to Reuters, Hitachi vice president Makoto Ebata said he expects
sales of plasma TVs above 40in to be strong. He said:
“Panels are getting bigger and demand for high-definition plasma TVs is
strengthening. We are aiming for 30 per cent of the global market for
high-definition plasma TVs.”
Hitachi was ranked as the fifth largest producer of plasma TVs in 2005,
according to DisplaySearch, beind Matsushita, LG, Samsung and Philips.
20% off!!! Result ;)
Posted by: Cheap Television | August 18, 2007 2:44 PM