Westinghouse cuts price of LCD TVs
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The company has cut up to 25 percent off the price of two of its liquid-crystal display TV models.
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Best Buy announced today that it has pulled all remaining analog television products from store shelves and will henceforth only sell products with digital tuners. The company is the first consumer electronics retailer to publicly announce its departure from the analog television business.
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First-quarter shipments of plasma televisions in the United States more than doubled from the previous year, according to research firm iSuppli. Prices fell by nearly $1,000 over the same period.
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Plasma panels are losing flat-screen battle to LCDs, research shows. If history has a say, more price cuts are on the way.
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Upstart will come out with a 47-inch LCD TV with 1080p for under $2,000, a price substantially lower than those of competitors.
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Circuit City Stores Inc.  reported a surprise quarterly loss on Tuesday after it cut prices on hot electronics like flat-panel TVs and computers to lure customers during the holiday shopping season.
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Intel has decided to cancel its project to develop a liquid crystal on silicon (LCOS) chip that would bring down the cost of rear-projection televisions.
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LG Electronics (066570.KS) said on  Thursday it expected prices of flat LCD and plasma television  sets to drop by 30 percent or more in 2007, continuing big  price falls amid overproduction and cost reductions.
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Home Depot was scrambling last night to save the sale of its wholesale unit to a consortium of private equity firms, lowering its asking price by about $1.2 billion from the original $10.3 billion it agreed upon, people involved in the talks said.
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Dixons is to phase out video cassette recorders in its namesake stores after revealing that DVD players are now outselling VCRs by a ratio of 40 to one.
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Dell Inc. has cut prices as much as 22 percent on selected computer equipment for US corporate and institutional customers, saying it was passing along savings from lower component prices.
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Samsung Electronics  of South  Korea became the top seller of LCD TVs in North America in the  fourth quarter of 2007 as low prices helped boost shipments,  according to market research firm iSuppli Corp.
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Another Blu-ray player price cut is on the way.
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Don't get too attached to your widescreen TV -- it'll soon be obsolete.
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Best Buy Co. Inc.  reported lower-than-expected quarterly profit on Tuesday as the consumer electronics retailer cut prices on flat-panel TVs to boost sales at the start of the holiday shopping season, sending its shares down 5 percent.
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In a sign the high-definition format war is far from over, Toshiba on Monday dropped the suggested retail price of its entry-level HD DVD player to under $150. That puts the HD-A3 $250 cheaper than Sony's PlayStation 3.
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MINNEAPOLIS -- The nation's largest consumer electronics chain says it has pulled all analog televisions off store shelves. Flat panel and high-definition screens have taken their place.