A Bleak Picture for TV Makers: as more people download and stream video, the television is becoming just another screen
Posted in: Miscellaneous at 27/10/2011 20:11
For decades, the television was the flagship of any consumer-electronics product line-up. Of all the gadgets in the home, the TV garnered the most prominent real estate in the living room, cost the most to buy, and carried the biggest brand cachet. And for the Asian consumer-electronics makers who manufactured them, selling TVs was a good business.
As the bulky cathode-ray tube televisions of the past turned into the sleek, flat-screen televisions of today, another shift started to occur. The televisions were hard to differentiate, and the price competition was cutthroat and unrelenting. Even as consumers were buying more televisions than ever, TV makers struggled to turn a profit.