Feeds

Screen price drop crashes Hitachi LCD targets

Price of 14.1in has fallen 40% from last year

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Hitachi warned yesterday that it would miss its LCD sales targets this year, blaming the falling costs of the screens for the depressed figures.

The company said that prices of 14.1-inch screens had fallen 40 per cent from last year, because other manufacturers had increased production, flooding the market. This, combined with a slower US economy, would severely impact sales, it said.

The company had forecast sales of LCDs would reach $1.5 billion for the year ending March 31, 2001. As yet, no revised figures have been made available to The Register. However, the company did say that net income would reach $1.08 billion on sales of $72.51 billion.

Hitachi executives are keen to deflect attention from the company specifically, saying that the whole industry will be affected.

Market research also indicates that the prices are unlikely to level out soon.

However, some industry figures suggest that price cuts will attract more corporate customers, and that the low prices will help build volume sales. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.