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Just what the slumping TV industry doesn't need: Foxconn (HNHAF.PK) is planning to release...

Just what the slumping TV industry doesn't need: Foxconn (HNHAF.PK) is planning to release "entry-level large-size LCD TVs," Digitimes reports. The contract manufacturing giant, renowned for its ability to drive down production costs, is said to have begun trial production for its sets, but hasn't finalized marketing plans. Foxconn's TV ambitions could spell additional losses for Sharp (SHCAY.PK) and Sony (SNE), and pressure market leader Samsung's (SSNLF.PK) margins.
Comments (4)
  • paulvard
    , contributor
    Comments (116) | Send Message
     
    Could this have anything to do with Apple?
    18 Sep 2012, 06:38 PM Reply Like
  • SA Editor Eric Jhonsa
    , contributor
    Comments (738) | Send Message
     
    I guess it's possible. But the article talked about Foxconn handling marketing, customer service, and promotions. If they were making sets for Apple, they wouldn't be handling any of those things.
    18 Sep 2012, 06:43 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2428) | Send Message
     
    Technology becomes a commodity product very quickly. Investors in other consumer goods technology companies should remember what's happened to Sony and Sharp.
    18 Sep 2012, 07:51 PM Reply Like
  • coolshaps
    , contributor
    Comments (48) | Send Message
     
    This is very interesting.

     

    Thanks for posting Eric
    18 Sep 2012, 08:39 PM Reply Like
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