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Old 23-11-2008, 3:13 PM   #11 (permalink)
GaryB
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Re: Is now the time to buy an LCD?

Quote:
Originally Posted by ziffius View Post
Not necessarily true. The Pound is doing fairly well against the South Korean Won, their currency is doing much worse than ours BBC NEWS | Business | Market Data | Currencies | Sterling v South Korean Won. It's looks like LG might be more intrested in lowering it's prices than Samsung though. It's the Yen the Pound is really struggling against.
Tell me about it - I work for a Japanese company.

Many manufacturers now produce in Europe, those are really the ones I was thinking about.

The other thing is that many retailers are working on wafer thin margins. That was OK when times were good and sales numbers were high, but many of them are having a rough time now that numbers are down.

DSG's share price has gone from 118p a year ago to 13p now:

BBC NEWS | Business | Market Data | Shares | London | DSG International
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