"The year-end shopping season is going to be very tough," Sony Senior Vice President Takashi Fukuda told a news conference. Sony is especially affected by price competition. Sales of its LCD TVs grew about 5% in April-June, while Samsung's sales went up 54% and Sharp's rose 31%, according to DisplaySearch.
Sony's LCD join-venture with Samsung began shipping its first 8th gen panels this week, to help the two rivals lower per-TV costs.
Source:
Reuters
Written by: James Delahunty @ 29 Aug 2007 20:31