Toshiba to have 10 per cent LCD TV market share by 2012
Toshiba Consumer Products Division Business head Pranab Mohanty told reporters that the company has set a target to have a 5 per cent market share in LCD Television sector during this year and ten per cent by 2012.
The LCD market, in developing countries, he said, has been rising at the rate 26 per cent per annum.
This apart, there has been a huge conversion from Colour TV to LCD TV and the company had the right products to appeal the consumers.
Mr Mohanty said the company, which produced the first colour television and the first laptop in the world, had developed glassless television first of its kind in the world and it was available in 12 inches and 20 inches sizes now.
He said the features in the three latest products--power booster series, power saver series and the power charger series in LC TV segment--will help the consumers enjoy quality picture.
With a power charger series LCD television, Mr Mohanty said the consumer could watch the favourite channel for two hours even after the power goes off.
He said the company planned to recruit 100 dealers in Orissa by September this year to expand its business.
His company today distributed eight LCD TVs to Banavasi Seva Samiti, an NGO working for the economically backward children for their wholesome education and upbringing as part of their Corporate Social Responsibility (CSR). (UNI -Posted on / )
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