THOMSON LAUNCHING SLEW OF PRODUCTS, PLASMA CTV
Article Abstract:
The $16 billion French electronic goods major, Thomson plans to launch a range of new products in August 1998 as part of its strategy to grow at 20 percent per year, corner market share of 10 percent in CTVs and post turnover of Rs1,000 crore by 2000 AD. The launch includes the 42-inch CTV with plasma technology which will be priced at Rs10 lakh initially in India. The plasma technology has been developed by Thomson in collaboration with NEC of Japan. The technology enables enhanced performance of the electronics and panel technologies like reduced power consumption, improved brightness and picture quality. The other products to be launched are two CTV models priced at Rs79,000 and Rs110,000 respectively, one VCR costing Rs9,000 and one VCP priced at Rs8,000. (gsh)
Comment:
Plans to launch a range of new products as part of strategy to grow at 20% per year & corner market share of 10% in CTVs
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
FLICKERING LIGHT - PHILPS INDIA LTD
Article Abstract:
Philips India Ltd (PIL) has decided to shift its lighting business to Punjab Anand Lamps (PAL). Lighting division accounts for 35 percent of turnover and 80 percent of net profit of PIL. PIL's parent Philips NV has 51 percent stake in PIL and 71 percent stake in PAL. The parent is likely to increase its stake in PAL to 74 percent. PIL is planning to sell its Salt Lake facility and Loni division. It is reducing its manufacturing activity in India and will depend on imports from Asia Pacific units. It is planning to shift its luminaire business at Pune from Calcutta. (rk)(m)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
PHILIPS SET FOR BETTER MARGIN
Article Abstract:
Philips India's consumer electronics division is likely to raise its operating margins by more than 5 percent in 1998. This division accounts for over 50 percent of the company's annual turnover of Rs1500 crore. The division's turnover is projected to increase from about Rs750 crore in 1997 to Rs850 crore in 1998. The division has enhanced its margins by reducing costs by 10-20 percent in its audio, television and compact disc segments. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: QUEST SYSCOM TO LAUNCH TWO NEW PRODUCTS IN INDIA TCS CHOOSES NT OVER NETWARE FOR `EX NEW GEN'
- Abstracts: NAL SET TO EMBARK ON A SLEW OF R&D PROJECTS. BHARAT STARCH LOSING STEAM
- Abstracts: GESTETNER INTRODUCES NEW PRODUCTS, TO EXPAND NETWORK. ABB LINES UP NEW COS FOR INDIA STRATEGY. GESTETNER INDIA LOGS IN TO BUILD DIGITAL IMAGE
- Abstracts: SAMSUNG UPS TV PRICES; TO LAUNCH MORE AC MODELS ORG-MARG TO CHANGE BASIS OF CLASSIFICATION FOR AUDIO SYSTEMS. PHILIPS, PHILIPS ON THE WALL