We have known for some time now that there has been an economic slowdown in the US, this has affected many areas and one is the sale of smaller LCD brands. The first people who get hit by an economic slowdown are usually the gadget and electronics sector, as that is seen as an extravagant purchase.
Bigger consumer electronics companies such as Sony and Panasonic can ride out the storm; however some of the smaller companies will find it hard to cover their running costs. You would have thought that this cheaper brands of LCD TV’s would help the company, however people still have trouble paying the price and look to spread their payments over long periods, and that does not help the smaller LCD brands at all.
Source - DigiTimes
