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Leaving the LCD Monitor Market, Sony Indicates a Growing Trend
As one of the largest electronics manufacturers in the world, Sony has traditionally been on the cutting edge of electronics manufacturing. But last month, in a shocking announcement that left their channel partners stunned, Sony announced its imminent departure from the LCD market. They said that rising costs, drops in sales of small-scale LCD monitors, and an increasingly competitive market are all major factors that contributed to their decision to leave.
Currently, Sony's only offering in the way of LCD desk monitors is a 21 inch high-end model intended for serious gamers and graphic designers. And though they plan to leave the small-scale LCD monitor market, they will remain focused on the manufacture and sales of higher-end LCD TV's and LCD large-screen markets (like billboards).
In October, Sony will begin to stop sales of LCD monitors in North America and Japan, its biggest markets. Some sources say that Sony will leave the market as early as December or the first half of 2007, while others predict it may take longer. Either way, it is indicative of a trend in the LCD monitor market that many vendors and resellers say they've seen coming, though that doesn't lessen the impact of Sony's surprise move.
Sony is just the first of many to consolidate the market and cut their losses, and other companies are slowly following suit. The high-end LCD monitor market itself has been in a slow, steady decline since 2003, and in some cases, sales of LCD monitors have declined by as much as fifty percent. Even giants like IBM, leaders at the top of the market, have cut their CRT offerings. In IBM's case, they reduced their models from 14 to just 5 this year.
Other top manufacturers like LGE, in the top five in LCD monitor sales for 2005, have announced the closing of a their manufacturing plants and factories because of decreasing prices of LCD monitors and increasing competition. Sharp, too, has announced that it will begin to phase out its regular LCD monitors oversees and concentrate on high-end monitors and LCD TV's.
Added to this decrease in prices, consumers have begun to edge more towards seventeen , nineteen, and twenty-one inch monitors, as opposed to fifteen inch CRT's, which are much more cost-effective for manufacturers. This means higher costs for manufacturers in the already shrinking LCD monitor market and lower prices with less selection for consumers.
Some companies are still committed to giving you all the options available. Plasma-LCD-TV.co.uk have an extensive inventory. So whether you are looking for a bargain basement screen, or a top of the range TV visit their site.
About the Author: seo experts.