High-Tech TV: Advice for HP
Interesting commentary on HP moving into the TV market … some gems are noted below:
The key to success in this increasingly tough market is to innovate your way into being a low-price leader, because
the high-tech TV business is tough — and getting tougher. The average price of a high-definition TV is falling by 30% per year, making it hard for anyone to maintain a decent margin. Korean manufacturers like Samsung and LG are slashing costs and ramping up volume. And they’re devoting billions to brand new factories, which will allow them to cut their prices even further.
Well, yes, still it seems like to be a good idea …
[…] The printer and PC businesses, HP’s bread and butter, are stagnating. [HP] needs a place to grow, and TVs could be it. HP is well-positioned: It has partnerships with major LCD-panel manufacturers already in place, thanks to its computer business.
read more at Business Week