Samsung launches 70-inch LCD TV

Electronics giant Samsung will be releasing the world's largest commercially available LCD TV when it launches the 70" LN70F91BD in Korea this month.

The new TV will also have an LED backlight instead of the traditional CCFL backlight and the new light should improve picture quality.

"I am pleased to introduce the 70" Full-HD LCD TV with innovative Local Dimming Technology," said Samsung Digital Media President JongWoo Park. "Samsung will continue to strengthen its LCD TV leadership, enhancing Full-HD and large screen LCD TV line-up."

Samsung also said a new technology they dubbed "local dimming backlighting" will help to produce deeper blacks, a problem that has plagued current LCDs. The "local dimming backlighting" will allow for maximum brightness when the LEDs are at full power, or clearer, deeper blacks when the LEDs are completely turned off.

Because of the LED backlights, Samsung says the TV has a very nice dynamic contrast ratio of 500,000:1 and power consumption is cut by up to 50 percent. The TV will also have ACAP, three HDMI 1.3 ports and a single USB 2.0 port.

The TV will be available outside of Korea later this year, and currently has an astonishing price tag of $63,000 USD.

Source:
Dailytech

Written by: Andre Yoskowitz @ 15 Jun 2007 9:51

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85 comments

jimmy42

yikes 63k for a tv... but 70" LCD HOT DAMN!

15.6.2007 11:23 #1

scott2k7

63,000 omfg! how dear! not that much man....
how much will it be in the uk?

15.6.2007 13:40 #2

WierdName

Originally posted by scott2k7:63,000 omfg! how dear! not that much man....
how much will it be in the uk?Where the heck do you live?! Thats a luxury car over here.

15.6.2007 18:49 #3

ripxrush

ouch! i guess it looked great on paper till i see the price ! thats more than the minivan my wife wants! maybe we can put wheels on it & she can drive it! lol

15.6.2007 21:19 #4

scott2k7

i live in the uk the usa is twice as cheap because it is 2 dollars to 1 pound and our prices are the same as yours but in dollars because the exchange rate u have it twice as cheap

16.6.2007 00:15 #5

ChromeMud

The LED backlight is great,means the TV could theoreticaly last a
lot longer and cheaper to run.
I'd get a 50" with LED when it comes out at the right price.

16.6.2007 04:01 #6

svtstang

Originally posted by scott2k7:i live in the uk the usa is twice as cheap because it is 2 dollars to 1 pound and our prices are the same as yours but in dollars because the exchange rate u have it twice as cheapLMAO you might want to rethink that....and why is it in every thread you are whining "well it is twice as much in the UK," this thread, iPhone....everywhere.

Lets begin, you work, get paid. You get paid 8 pounds/hour, equaling roughly $15. You keep working, and saving. You visit America, and bump into a 70 inch flat screen. Since you got 2-1 on your currency, looks like you got the better deal there eh? So you were wrong, based on exchang rates, you would have it twice as cheap if you went across the pond whereas it would be twice as expensive for us.

16.6.2007 10:34 #7

scott2k7

yeh u americans are lucky

16.6.2007 10:44 #8

svtstang

Wow you obviusly didnt read anything, that explains everything.....

It is within the forum rules ddp, i swear!! :P

16.6.2007 11:30 #9

WierdName

Originally posted by scott2k7:yeh u americans are luckyHow are you a senior member? Did you even read his post before posting yours? He was saying how YOU are lucky because YOU actually get it twice as cheap.

16.6.2007 11:34 #10

scott2k7

u talkin 2 me?

my psps lifes
psp 1:2.0>2.5>2.6 brick
psp 2(current):2.6>2.80>2.81>2.82>3.03>3.03HEN>1.5>3.03oe-c>1.5(bored lol)>3.03oe-c>3.40oe-c>1.5>3.03oe-c>3.40oe-a>1.5>3.40oe-a>1.5>3.40oe-a

16.6.2007 11:42 #11

svtstang

Are you serious?????

Let me break this down for you

$63,000 = 30,000ish pounds

Get it??? Your currency is stronger then the $, therefore you have more buying power.

It is within the forum rules ddp, i swear!! :P

16.6.2007 12:08 #12

scott2k7

yes but when we convert money we get double momst things in america are the same price over there but we will have the prices in pounds so its $2 to �1 see....
i know price i have been to america before and it rocks!

my psps lifes
psp 1:2.0>2.5>2.6 brick
psp 2(current):2.6>2.80>2.81>2.82>3.03>3.03HEN>1.5>3.03oe-c>1.5(bored lol)>3.03oe-c>3.40oe-c>1.5>3.03oe-c>3.40oe-a>1.5>3.40oe-a>1.5>3.40oe-a

16.6.2007 12:21 #13

borhan9

Quote:The TV will also have ACAP, three HDMI 1.3 ports and a single USB 2.0 port.These are some kewl extras i like the usb connector.

Quote:The TV will be available outside of Korea later this year, and currently has an astonishing price tag of $63,000 USD.For the price tag i say i would wait drastically.

21.6.2007 15:40 #14

ckwan

Are you serious?????

"Let me break this down for you

$63,000 = 30,000ish pounds

Get it??? Your currency is stronger then the $, therefore you have more buying power."

Here is the correct math:

scott2k7 will have to pay 63,000 pounds for the TV in UK and that is $126,000 USD.

22.6.2007 04:45 #15

borhan9

22.6.2007 15:49 #16

svtstang

Originally posted by ckwan:Are you serious?????

"Let me break this down for you

$63,000 = 30,000ish pounds

Get it??? Your currency is stronger then the $, therefore you have more buying power."

Here is the correct math:

scott2k7 will have to pay 63,000 pounds for the TV in UK and that is $126,000 USD.Wow man, some of you really need to take a dummy course in math. That is pathetic! Also learn to read so you understand context....i know it is hard but it is important in life.

edit

63000.00 US DOLLAR (USD) = 31509.4528 BRITISH POUND (GBP)

http://www.bloomberg.com/invest/calculators/currency.html

So ill say it again.....if he came to America it would cost 31,509 pounds.

It is within the forum rules ddp, i swear!! :P

22.6.2007 16:18 #17

scott2k7

thanks svstang! i told ya

23.6.2007 03:24 #18

madman91

lol noobs...

Its what svtstang says...

And also, wouldn't it be the same level of price for UK citizens and US citizens in their countries? But when the UK people go to the US its 1/2 and when the US goes to the UK its 2x. So overall, UK pwns the USA :)

23.6.2007 10:45 #19

akaangus

Well since this is the thread of region pricing bitch and moan...

I get paid minimum wage right now which in Ontario is $8.00 CAD an hour. That's about $7.50 US. The US Dollar is so low now that our dollar is worth $.936 US. (=.94)

RE4 Wii Edition is $29.99. In Canada it is $39.99.
It should cost $32.05. Yeah, right.
Also our tax in Ontario is 14% on retail. In Detroit (across the border), it is 6%.

So MI people pay $31.79. I pay $45.59. This means to buy it, I need to work 5.7 hours. Next month MI's Min Wage is going to be $7.15 US. They need to work only 4.4 hours to buy it.

That means I need to work almost 30% longer than an American to buy stuff. And nothing is going "across the pond".

Also in USA the KFC Snacker is .99. Here it is 1.69. WTF

23.6.2007 11:24 #20

svtstang

Wow there is actually a country whose currency is worth less then the US $!!!

@scott

You take meds?? Not sure what your deal is.

It is within the forum rules ddp, i swear!! :P

23.6.2007 14:27 #21

scott2k7

no its just u showed them that i was right with my argument

my psps lifes
psp 1:2.0>2.5>2.6 brick
psp 2(current):2.6>2.80>2.81>2.82>3.03>3.03HEN>1.5>3.03oe-c>1.5(bored lol)>3.03oe-c>3.40oe-c>1.5>3.03oe-c>3.40oe-a>1.5>3.40oe-a>1.5>3.40oe-a
please visit the 3.50oe-a official chat and comment on something
http://forums.afterdawn.com/thread_view.cfm/520326#3161909

23.6.2007 14:29 #22

svtstang

Well maybe you need meds, you make no sense and clearly have no comprehension abilities.

It is within the forum rules ddp, i swear!! :P

23.6.2007 14:32 #23

DVDBack23

ok this is ridiculous...Stang is CLEARLY right, yet you continue to waste space in my news article comments...please just stop.

MAX OUT DOWNLOAD SPEEDS USING UTORRENT http://www.afterdawn.com/guides/archive/utorrent_guide.cfm
RAR playback and extraction guide http://www.afterdawn.com/guides/archive/winrar_guide.cfm
How to convert .avi to DVD with Menus http://forums.afterdawn.com/thread_view.cfm/1/272946

23.6.2007 17:09 #24

punqewe

I just find it funny that it's becaome an issue of who pays the extra 1-3 thousand dollars on a TV that costs 63,000+ dollars. Once a TV is in that kinda of price range,I don't think a person that is interested in buying it is really in a possition to worry about the extra bagage anyways.

That being said,HOLY CRAP that's alot for a TV!

http://xtreme-source.com Forums

23.6.2007 17:42 #25

blivetNC

Sorry people, there is nothing on TV worth 63K in anyone's currency, well except for the lira, 63,000 to watch late night infomercials or televeangelists? I think not. Rather invest in some good investments and become wealthier.

23.6.2007 17:53 #26

PacMan777

Interesting conversation from a TV only the extremely wealthy or extremely foolish would purchase. Eventually the working stiffs may afford one once the technology cheapens down.

US better off? I wonder. The exchange rates were noted between the UK and US and the GBP is definitely stronger than the dollar. It has been for as long as I can remember. Buying power is a different matter which was indicated by the conversation, but not pointed out. The citizen of a particular country has to take into account the local pricing which depends on different variables. First off, if it's a foreign product, what are the import tariffs? Then you have the manufacturer. They don't always sell the same product at the same price to each market. There's something to be said about buying power. The US is a large consumer oriented market that many foreign manufacturers try to keep happy and buying. Then you have the local MSRP. Last but not least, you have the local taxes.

If I was a Canadian, I don't think I'd be too happy with the price of KFC. LOL I know... it's more than just chicken. Plus it's a lot more than just the exchange rate between the Canadian and US dollar. Speaking of the dollar, a lot of elderly US citizens head South of the border to make their retirement dollars go farther.

I really don't see why the US dollar is used as a comparison to the GBP or the Euro. The USD has been weaker for some time and never equaled the pound in my lifetime. The GBP has always been a strange currency for comparison. I think the UK should convert to the Euro and do away with the pound; that wouldn't be the British way though. ;)

Take a look at the Japanese yen and the extremely depreciated Chinese currency. The Chinese are making inroads as a manufacturing giant and taking a large part of the export business away from other Asian countries. The Japanese are suffering, but have moved into the more high tech exports. There you see the countries controlling commerce and pricing. If you really want to see the countries where they have it made, look to the oil producing countries that aren't plagued by political problems. I'd say there's a higher percentage of citizens there capable of buying those TVs (relative to population size) than the US, UK, or a number of other developed countries.

As for me and the luxury 70" TV, I'd pay off the mortgage. ;)

bbmayo, thanks for the sig.

23.6.2007 18:38 #27

svtstang

^^^^^^

Best post in this thread BY FAR, thanks for the good read!

It is within the forum rules ddp, i swear!! :P

23.6.2007 18:40 #28

PacMan777

Thanks, but I may have used too many words in saying buying power depends on much more than just currency conversion.

bbmayo, thanks for the sig.

23.6.2007 18:54 #29

greensman

Stang some people just don't get it. LOL. I had a good laugh here and needed something this late at night to keep me awake. hehehe.

PacMan nice post and informative, thanks. ;)

@all of you on this TV, ARE YOU KIDDING ME??? Who in their right mind would think about a 70" LCD?? :P

....gm

PC help........................................ PC thread
TY and other media............... docTY thread
rav009's Free Window's Security Software
what.. did.. binkie7.. do.. to.. me???

23.6.2007 18:56 #30

blivetNC

Don't forget the dreaded VAT (value added tax) in Europe. Made the price of some goods extremly high.

23.6.2007 19:00 #31

svtstang

@greensman

I aim to please! I have a hard time holding my tongue (or fingers in this case) when stupidity calls, it is my downfall sadly :(

@blivet

VAT is what currently, around 17%?? You are right, that makes even purchasing a pepsi force a person to take out a mortgage on their home!

edit

Didnt spell home right LOL!

It is within the forum rules ddp, i swear!! :P

23.6.2007 19:09 #32

ddp

akaangus, it is 8% provincial tax in ontario plus 6% federal gst tax. newfoundland has the highest tax & alberta is the lowest tax. to the others, the canadian dollar is almost at par for the 1st time in 30+ yrs.

23.6.2007 19:48 #33

DVDBack23

the USD is only worth .97 of the canadian dollar now...:(

23.6.2007 19:51 #34

ddp

dvd, no as it cost canadians about $1.04+ for $1 american
1.00 US DOLLAR (USD) = 1.0684 CANADIAN DOLLAR (CAD)

23.6.2007 20:02 #35

akaangus

Quote:akaangus, it is 8% provincial tax in ontario plus 6% federal gst tax. newfoundland has the highest tax & alberta is the lowest tax. to the others, the canadian dollar is almost at par for the 1st time in 30+ yrs.
That's right, in Canada we pay tax to the feds and the provinces. In the states, there is no fed retail tax. I don't think Alberta has any, but they still pay the 6% (it was 7 until it got Harpered). The US dollar has been going down faster than Paris Hilton lately... It's not that the CAD is getting better, the CAD vs. Euro or GBP rates haven't changed much.

I read an article in the Toronto Star talking about how bad Niagara Falls, Canada is hurting because of the dollar (and passport issues). It has gotten so bad some stores in Canada are taking the US dollar at par, and in the US they are taking ours at par too (1 USD = 1 CAD).

Hopefully now that we are so close stores will begin to make prices make more sense, but it isn't likely, especially because pretty much every major chain in Canada is at least partly owned by Americans. The only place I can think of that is still Canadian that sells newer games is Zellers, and they suck.

23.6.2007 21:05 #36

DVDBack23

Originally posted by ddp:dvd, no as it cost canadians about $1.04+ for $1 american
1.00 US DOLLAR (USD) = 1.0684 CANADIAN DOLLAR (CAD)thats not what the exchange rate at the airport said last week, but ill take your word on it

23.6.2007 21:28 #37

PacMan777

1.00 USD = 1.06725 CAD
1.00 CAD = 0.936988 USD
1.00 GBP = 1.99730 USD
1.00 EUR = 1.34381 USD
1.00 AUD = 0.848104 USD
1.00 MXN = 0.0922297 USD

http://www.xe.com/
Nice little currency converter. Seems the peso has gained on the USD since I last checked. Still the buying power of a dollar is better in Mexico and US than in Canada. Looks like the Canadian government and provincial governments are getting a hefty share of their citizens income. Tariffs and taxes are what's hurting the Canadian citizen's buying power.

I've heard Sammorris and others discussing VAT in the UK when purchasing computer components. I'm glad I don't have a tax like that staring me in the face each time I go shopping. Then what wasn't mentioned is that a lot of the essentials are exempt from VAT and other things are currently at 0%. Some items are only 5%, but there is still the 17% on some things. The British government is getting its share and then some, but I think the UK citizens still have an advantage over most due to the strong GBP. Most of Europe has an advantage over the US dollar with the strong Euro.

Edit: Changed the conversion link.

bbmayo, thanks for the sig.

23.6.2007 21:28 #38

scott2k7

sorry but i thought this was funny
Quote:going down as fast as paris hilton

23.6.2007 22:49 #39

PacMan777

Quote:sorry but i thought this was funny
Quote:going down as fast as paris hiltonPoor Paris. I'd feel sorry for her except she's filthy rich and living life the way she wants.

bbmayo, thanks for the sig.

23.6.2007 23:04 #40

scott2k7

all the slag does is take drugs though she has money to burn...

23.6.2007 23:05 #41

punqewe

she should buy a 70" TV

http://xtreme-source.com Forums

24.6.2007 00:40 #42

scott2k7

with built in cocane it should come with for that money

24.6.2007 00:45 #43

billybob

Okay firstly, svtstang, your most probably tlaking to a child, we all know your right, very well done, :D

secondly, Quote:The GBP has always been a strange currency for comparison. I think the UK should convert to the Euro and do away with the pound; that wouldn't be the British way though. ;)Where to start.....what the hell???.
So because we have a good economy and a strong currency, we should ditch it to adopt a crappy euro, that is worth only 2/3rds of a pound (ish), and lose all sense of any identity whatsoever? No.....when that happens, i move to the states.

And also, stand and people, i know that on paper, it would be cheaper for us limees to buy that tv...but lets be honest, it wouldnt. I found a 36" hd ready tv on the net for something like $300? Thats about �155 right? That is an absolute f'ing bargain if it was to be that price in the UK. But no...if you found that in the UK, it would be more like �300-400! Its a joke. Rip off britain sucks, and if i could find a way to convert NTSC to PAL and get a power transformer, i would get one imported.

Thanks ireland! :D

24.6.2007 01:11 #44

scott2k7

hey billybob it would probably be more than that at least �500 and u get americans moaning that consoles are to dear like they wanna come to england! freakin loads more

24.6.2007 01:15 #45

punqewe

I don't really like the idea of merging so many countries to a single curency either. Maybe if the UK had a bad economy,but they don't really...so there's really no point. Most of the time things seem more expensive there for reasons of shear inconvenience,kinda how billybob said.

Even if you could purchase the item for cheaper from other countries because of the curency difference,the shipping and the power converters and the "this and that" would make up for the difference in price...and sometimes might end up costing you more.

Really all a TV of this size is gunna do for me is make my porn really really big.

http://xtreme-source.com Forums

24.6.2007 01:25 #46

billybob

Eugh, pixelated penetration.

Thanks ireland! :D

24.6.2007 01:41 #47

blivetNC

Isn't that the root of this whole discussion? Making up for a lack of a certain God given endowment by purchasing something so big?

24.6.2007 01:55 #48

scott2k7

i wonder what resolution it is and also the contrast and picture quality becuase on a tv that size its prob gunna be rubbish

24.6.2007 03:06 #49

ddp

we better stay on subject about that 70in tv.

24.6.2007 08:21 #50

greensman

Originally posted by ddp:we better stay on subject about that 70in tv.My thoughts exactly. LOL.

Money is money and does nothing but get you STUFF, OH like a 70" LCD. hehehe. :P

How much can we really say about a TV that 99.99% of can't afford. Let's see: expensive, wow, almost 6' of LCD TV, ok that's about it. :)

....gm

PC help........................................ PC thread
TY and other media............... docTY thread
rav009's Free Window's Security Software
what.. did.. binkie7.. do.. to.. me???

24.6.2007 09:59 #51

billybob

Did you know that something like 60% of the worlds wealth, is owned by 5 people?

Thanks ireland! :D

24.6.2007 14:35 #52

ckwan

"So ill say it again.....if he came to America it would cost 31,509 pounds."

You want to pay scott2k7's way to America?

Here's the itemized bill:

Round trip air ticket: 2000 USD
Hotel expense for 1 week in NYC: 3500 USD
Three meals a day for 1 week in NYC: 1050 USD
Transportation: .......
.....................

By the way, how much does it cost to ship a 70" TV from America to UK?

25.6.2007 04:59 #53

svtstang

It is within the forum rules ddp, i swear!! :P

25.6.2007 08:32 #54

Yraen

Quote:I would rather be shot in the face and then raped by Rosie O Donnell.
What caliber gun are we talking about here?

25.6.2007 19:35 #55

WierdName

Anywhere from a 1 to 300 cal gun. BTW, nice pic SVT.

25.6.2007 19:40 #56

PacMan777

Quote:Where to start.....what the hell???.
So because we have a good economy and a strong currency, we should ditch it to adopt a crappy euro, that is worth only 2/3rds of a pound (ish), and lose all sense of any identity whatsoever? No.....when that happens, i move to the states.Buying that big TV depends on the local market as well as the currency conversion, taxes and other added charges along the line as well as the starting MSRP which isn't always the same for each market. I thought we got that out of the way.

The British love the VAT system I'm sure... That was already touched on. Each country has it's problems. By the time I get through paying income taxes, property taxes, along with the sales taxes on goods, fuel taxes, and highway usage taxes, my poor dollar has lost a lot of it's buying power. I made an error on my taxes and the IRS was going to charge me interest on my penalty, if I didn't pay in full immediately. Talk about being taxed into a hole.

punqewe, billybob
I wasn't saying convert the GBP to a Euro on an even basis. And when I said a strange currency to convert, it was more for effect. That would be like a lot of countries having a 2 dollar bill. Funny, we actually had a $2 bill in the US and it didn't work out very well. I'm old enough to remember the GBP at almost 3 USD. What would be the difference between getting paid 15 GBP or 22.26 Euros? You'd simply be paying more Euros than GBPs for a purchase. It would have nothing to do with your pay scale or the strength of the British economy. As for doing it the British way, your comments proved what I said. You said changing from the GBP to a Euro would effect your identity. LOL I was saying it in fun. I have nothing against the British or any particular nationality for that matter.

That big TV started some interesting conversation, but in the end, it's a rich man's toy. I don't see an average working person, from any country, running out to buy one any time soon. I'm sure there will be some of them sold. It would be interesting to see where they end up. I'm thinking filthy rich and big business.

bbmayo, thanks for the sig.

30.6.2007 19:51 #57

PacMan777

Originally posted by ckwan:"So ill say it again.....if he came to America it would cost 31,509 pounds."

You want to pay scott2k7's way to America?

Here's the itemized bill:

Round trip air ticket: 2000 USD
Hotel expense for 1 week in NYC: 3500 USD
Three meals a day for 1 week in NYC: 1050 USD
Transportation: .......
.....................

By the way, how much does it cost to ship a 70" TV from America to UK?
Where in the world are you staying? I just priced 5 days in a 3 star hotel in upper Manhattan for about $1100 US (check priceline.com). 5 days in a 1 star near JFK goes for about 550 USD (roach bombs and bug killer optional). A few breakfasts at IHOP and Micky D's and a few buffet meals aren't going to run $1000. If someone gave me $4550 to spend a week in the Big Apple, I'm sure I could manage it though. LOL

When back in the UK, what do you say to the man when he asks "do you have anything to declare", especially when there's a huge crate with a 70" TV inside? ;)

bbmayo, thanks for the sig.

30.6.2007 20:10 #58

ckwan

"If someone gave me $4550 to spend a week in the Big Apple, I'm sure I could manage it though."

This is exactly the point.
If I had to travel out of the country, I wouldn't settle with anything less than 5*.

One more point: a 31000 GBP spending is going to be a big boost to any local economy. This is the kind of money that can probably buy you a house in a small town in Alabama. To those who want to keep a strong economy and currency for GB, THINK IT TWICE.

2.7.2007 06:43 #59

billybob

Quote:Think it twiceWhat on earth? The reason that �31k would buy us a small home in alabama, is because the currency is so strong (because the economy is strong i guess). SO if we were to "think it twice", and we wanted it to be weaker, then our �31k wouldnt stretch that far to buy us a small house in alabama, so it would be more expensive for us. :|

Im confused as to what the point is that you were trying to make..

Thanks dvdback.

2.7.2007 07:18 #60

ckwan

"What on earth? The reason that �31k would buy us a small home in alabama, is because the currency is so strong (because the economy is strong i guess). SO if we were to "think it twice", and we wanted it to be weaker, then our �31k wouldnt stretch that far to buy us a small house in alabama, so it would be more expensive for us. :|

Im confused as to what the point is that you were trying to make.."

By spending your GBP at home, you help create jobs for your fellow citizens. The jobs that you create create more income for some of your fellow citizens. When they spend their additional income, they create even more jobs. This is what the economists call the multiplier effect.

Keep in mind that the US currency has gotten weaker in recent years because the country is running a huge deficit. By spending your money at home, you help prevent running a trade deficit for GB and that is going to strengthen the GBP.

"THINK IT TWICE" means you think it twice before you decide to come to America to buy that 70" TV.

2.7.2007 09:47 #61

billybob

O i see...sorry, i thought that it was trying to be said that we need to think twice about wanting a good economy.

Thanks dvdback.

2.7.2007 10:31 #62

PacMan777

Originally posted by ckwan:"What on earth? The reason that �31k would buy us a small home in alabama, is because the currency is so strong (because the economy is strong i guess). SO if we were to "think it twice", and we wanted it to be weaker, then our �31k wouldnt stretch that far to buy us a small house in alabama, so it would be more expensive for us. :|

Im confused as to what the point is that you were trying to make.."

By spending your GBP at home, you help create jobs for your fellow citizens. The jobs that you create create more income for some of your fellow citizens. When they spend their additional income, they create even more jobs. This is what the economists call the multiplier effect.

Keep in mind that the US currency has gotten weaker in recent years because the country is running a huge deficit. By spending your money at home, you help prevent running a trade deficit for GB and that is going to strengthen the GBP.

"THINK IT TWICE" means you think it twice before you decide to come to America to buy that 70" TV.ckwan
Currency exchange really doesn't matter as long as the banks keep it straight. Sometimes people seem to have a problem realizing what's involved with different economies around the world. I'm no financial expert, so I don't have a complete grasp of it all either. I do realize there is more to buying power than just simple currency conversion. Thats already been mentioned.

Just a question, with the GBP being approximately 2 USD, if the USD is weak and deflated, what happened to the GBP? As I mentioned before, I can remember in the past when the GBP was near 3 USD and that was when the USD was considered stronger. As for a $62K home in Alabama, I suspect there are a lot of places where that would buy a comfortable little house, as long as it isn't in the high rent districts. That depends on other factors as well, like the housing market in an area and the current state of the local economy.

Quote:Think it twice.
The only thing the big TV adds to is the tax base from sales and imports on buying a big ticket item from a foreign manufacturer. It creates few jobs other than in sales and hopefully they have some better priced offerings from the home front. Many countries import most of their electronic products, in some cases the components to manufacture them.

Quote:If I had to travel out of the country, I wouldn't settle with anything less than 5*.All I can say is it must be nice. I'm happy with a 4 star and comfortable with a 3 star. As long as the room is clean and in good order and the towels and linens are changed daily, I'm happy. It must be nice to be rich. ;)

bbmayo, thanks for the sig.

2.7.2007 10:53 #63

PacMan777

Originally posted by billybob:O i see...sorry, i thought that it was trying to be said that we need to think twice about wanting a good economy.
I think it's a well known fact the British economy is on sound footing. I wish the US would take some examples and start a tax system like VAT to discourage a lot of foreign trade on luxury items that could be produced in country. The US should put import taxes on everything coming into the country and allow no favored nation trading status. Along with that over deflate the USD and give subsidies to US citizens for purchasing, much as China does. I fear there would be a revolt though.

bbmayo, thanks for the sig.

2.7.2007 11:02 #64

billybob

Dont get me wrong as being patriotic pacman, i hate the UK!

Bring on the states as soon as im old enough..

Thanks dvdback.

2.7.2007 12:29 #65

PacMan777

Hope you like the States. I just hope it meets your expectations. Personally I like the States, but the UK would be my second choice of where I'd like to live. If I was born in the UK and more familiar with the surroundings, it might be the first choice. You have to remember, much of the culture and background of the US derives from British roots. After all, the US was a British colony.

bbmayo, thanks for the sig.

2.7.2007 13:37 #66

billybob

Yeh, Americans are all just retired Englishmen.

(Joke before all you patriots start crying :P)

Uk sucks, dont bother coming here everyone :D

Thanks dvdback.

2.7.2007 13:38 #67

ckwan

"Currency exchange really doesn't matter as long as the banks keep it straight. Sometimes people seem to have a problem realizing what's involved with different economies around the world. I'm no financial expert, so I don't have a complete grasp of it all either. I do realize there is more to buying power than just simple currency conversion. Thats already been mentioned."

Agree. For example, Japanese deliberately keep their Yen low for the purpose of boosting exports and that doesn't mean that Japanese citizens have less purchasing power that American citizens.

"Just a question, with the GBP being approximately 2 USD, if the USD is weak and deflated, what happened to the GBP? As I mentioned before, I can remember in the past when the GBP was near 3 USD and that was when the USD was considered stronger."

I think the GBP is strange and is a kind of hard to explain. I remember back in the Clinton era, when the USD was worth 1.18 Euro, the GBP was still strongly higher than the USD. My guess is that the GBP is kept high for political reason and is more than just economic strenghth.

"I think it's a well known fact the British economy is on sound footing. I wish the US would take some examples and start a tax system like VAT to discourage a lot of foreign trade on luxury items that could be produced in country. The US should put import taxes on everything coming into the country and allow no favored nation trading status. Along with that over deflate the USD and give subsidies to US citizens for purchasing, much as China does. I fear there would be a revolt though."

Economic theories are rather complicated. One economic model that works on one country does not necessarily work on another. Why do you think Uncle Sam is not following your advice? It would seem to me these are all perfectly within their power. In fact, it is much easier for them to do what you suggest than quarreling with Janpan and China to try to put pressure on them to drive up their currencies. In my view, there is only one explanation. To do what you suggest is only going to drive up inflation at home and is going to do little help on reducing the trade deficit. When you deflate the USD, it means that when people go shopping at Wal Mart, they'll have to pay more. You might want to think that they are going to cut back because of the weaker dollar. Chances are a lot of them would not and instead they are just going to go back to their employers to ask for higher wages and this is going to drive up inflation.

Make no mistake. Americans have gotten addicted to foreign imports and they don't save. Japanese do and Chinese do.

According to government statistics, 2/3 of the American GDP is due to consumption. Do you think that is the case in a Japanese economy or Chinese economy?

5.7.2007 05:49 #68

ckwan

"As for a $62K home in Alabama, I suspect there are a lot of places where that would buy a comfortable little house, as long as it isn't in the high rent districts."

Check this out. http://www.realtysouth.com/Listing/Listi...tLetter=&Sort=6

If you still don't like what you see there are some other alternatives.
http://www.homesandland.com/Listing.cfm?...tingId=10143632
http://www.homesandland.com/Listing.cfm?...tingId=10261760
http://www.homesandland.com/Listing.cfm?...tingId=10018314

5.7.2007 07:01 #69

billybob

imagine being rich...

Thanks dvdback.

5.7.2007 14:28 #70

svtstang

Originally posted by billybob:Dont get me wrong as being patriotic pacman, i hate the UK!

Bring on the states as soon as im old enough..I visited my mom in England 1.5 years ago. First, I live in California....lets just say it is always warm. When I visited her just outside of England, it was BELOW 0 degrees Fahrenheit..........for that reason alone I DESPISE THE UK!!! :P

It is within the forum rules ddp, i swear!! :P

5.7.2007 20:20 #71

PacMan777

If temps are the problem, then you'd hate New England. I was in high school when I was there and hated waiting for the bus in the freezing cold. Must have been a mental thing. I didn't mind the weather the rest of the time. LOL

bbmayo, thanks for the sig.

6.7.2007 05:40 #72

billybob

Why are there so many places in the states with the prefix "new", and being original places in England.

New york, New England, New jersey

Im that tired i dont even know if Jersey is a place in England anymore...but you get the picture.

Thanks dvdback.

6.7.2007 12:14 #73

WierdName

Originally posted by billybob:Why are there so many places in the states with the prefix "new", and being original places in England.

New york, New England, New jersey

Im that tired i dont even know if Jersey is a place in England anymore...but you get the picture.This is because the original settlers that came over named their colonies after places where they came from. These colonies became larger and larger until they were granted large amounts of land then named as states. Thats how. Now this is getting off topic so I would suggest getting back on topic or a mod will probably close this.

Doesnt expecting the unexpected make the unexpected expected and therefore mean your expecting the expected which was the unexpected until you expected it?
Opinions are imunities to being told we're wrong.

6.7.2007 12:18 #74

billybob

Im unsubscribing, it was nice having a mature conversation with you pacman :D

Just some people cant keep their ego and dignity out of things and start getting all touchy.

Thanks dvdback.

6.7.2007 14:02 #75

svtstang

It is within the forum rules ddp, i swear!! :P

6.7.2007 14:37 #76

billybob

LMAO. I lied, i coulnt be bothered to unsubscribe.

Thanks dvdback.

6.7.2007 14:43 #77

PacMan777

Originally posted by billybob:Im unsubscribing, it was nice having a mature conversation with you pacman :D

Just some people cant keep their ego and dignity out of things and start getting all touchy.Now you've gone and insulted me. LOL Me mature?

Sometimes I get a kick out of place names. There's more to the New naming than just familiarity with places of origin, i.e. the York and England names. Though, Weird did call it right, a lot of times it is a matter of sentiment toward a familiar town or country from a group of settlers' past. I moor my boat outside a town named New Tazewell. Guess where Tazewell is located? They share a boundary line. You can step from old to the New. I think when people can't think of a good new name, they sometimes hang New to a good old name.

Just so we stay on topic... I don't think they're going to sell many of those 70" LCD TVs in New Tazewell. ;)

bbmayo, thanks for the sig.

8.7.2007 23:40 #78

ckwan

Let's stay on topic.

Obviously, the 70-in LCD TV is a "new" technology. I wonder if this is a "new" strategy of Samsung to compete with SONY.

9.7.2007 05:22 #79

PacMan777

Originally posted by ckwan: Let's stay on topic.

Obviously, the 70-in LCD TV is a "new" technology. I wonder if this is a "new" strategy of Samsung to compete with SONY.This topic lost much of its relevance once posted. It was news, last year. Obviously not great news since most people weren't and still aren't aware of it. The 70" Samsung LCD was originally posted online and available in 2006. Now it's older news with the newer 82" to be released in Novemver. Plus there is not a very large market for the item. How many times would you like us to say "Wow"? Such things are test items that occasionally make it to market. Perhaps when the technology becomes more common place and the price drops to within reason. Then we can discuss pixel counts and resolution.

ckwan
If this is an attempt to compete with Sony, it is in the super-highend merchandise that is only affordable for the filthy rich and/or well to do businesses. It wouldn't be anything that would effect the profit margins to any noticable extent. As stated by upper management, these items are to showcase the company's technology. This appears to be more along the lines of research and testing and to show what can be done. It may eventually be made available for mass sales at reasonable prices, but I don't see it any time soon.

If you feel the "big" samsung is of great interest and we should stay on topic, would you tell us why and what is the merit of such an item to the common market? As for the specs, those are available online. Besides, why put your interest in old tech? Since the 70" in 2006 ( http://www.bornrich.org/entry/samsung-el...-inch-lcd-hdtv/ ), there is word of an 82" going on sale in November (also said to be high priced). http://www.bornrich.org/entry/samsung-re...xn-lcd-monitor/

Edit: Reading further I found Samsung showed the 70" at SEK2006 (June 06) and the 82" this past June in the SEK2007 exhibit. http://www.sek.co.kr/sek2007/english/engsek2007_02_01.asp

bbmayo, thanks for the sig.

12.7.2007 12:41 #80

PacMan777

Originally posted by jimmy42: yikes 63k for a tv... but 70" LCD HOT DAMN!... but 82" LCD, HOT DAMN-ER! LOL

Edit:
... but 108" LCD HDTV, Hot Damned-est. ;) (over $70,000 US) Does anyone beat Sharp at 108"? Seems we may have jumped the gun discussing a smaller 70" set from last year.
http://www.brightcove.com/title.jsp?titl...ineup=450195202

bbmayo, thanks for the sig.

12.7.2007 13:02 #81

ckwan

"ckwan
If this is an attempt to compete with Sony, it is in the super-highend merchandise that is only affordable for the filthy rich and/or well to do businesses. It wouldn't be anything that would effect the profit margins to any noticable extent. As stated by upper management, these items are to showcase the company's technology. This appears to be more along the lines of research and testing and to show what can be done. It may eventually be made available for mass sales at reasonable prices, but I don't see it any time soon."

I think there's more to this. One way you compete to increase your market share is to increase your name recognition in the field. If Samsung continues to hit the market with this kind of big news and somehow can succeed in projecting an image that it now has better technology than SONY, I think over the long run this is going to help them on all product lines.

The 82" TV is certainly another interesting topic.

13.7.2007 04:16 #82

ckwan

"... but 108" LCD HDTV, Hot Damned-est. ;) (over $70,000 US) Does anyone beat Sharp at 108"? Seems we may have jumped the gun discussing a smaller 70" set from last year.
http://www.brightcove.com/title.jsp?titl...ineup=450195202"

Looks like Sharp is fighting back to maintain its leading position. I've always believed that Sharp has the best technology in this field. In fact, I am shopping for my next TV these days and giving heavy consideration to Sharp.

13.7.2007 04:42 #83

ckwan

"Does anyone beat Sharp at 108"? Seems we may have jumped the gun discussing a smaller 70" set from last year."

Just followed your link to check out a few prices.

The Sharp LC-65D90U is a 65" TV and it costs $6,499.00. The Sharp LC-57D90U is a 57" TV and it costs $12,199.99. Why is this smaller TV so much more expensive than the larger TV?

13.7.2007 05:05 #84

PacMan777

Originally posted by ckwan: Let's stay on topic.

bbmayo, thanks for the sig.

14.7.2007 09:49 #85

AfterDawn: News