A recession isn't the best time to splurge on new innovations but players in the television industry aren't pulling back, despite their need to control costs. TV makers like Sony (SNE), Samsung, and LG have long been obsessed with improving picture quality and expanding screen sizes. When it comes to technology, the competition is certainly not over; companies continue to launch new features.
But with the global recession driving more consumers to lesser-known makers of inexpensive TVs like Vizio, the big-name electronics companies are increasingly focusing their innovation on trying to make TVs the center piece of viewing, listening, and reading all sorts of content. For instance, one big push by TV manufacturers this year is for so-called broadband TVs that let people tap the Net for everything from movies to friends' photos and up-to-date stock prices. For more on the latest TVs and what they can do in the Internet age, click on.
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Media Trends
Marketing Innovation
High Tech Electronics