Are there some issues with LCD technology- such as poor picture quality/ sound?
There are no sound problems. Only when objects move at high speed, it sometimes has a little lag effect. But all these technologies are improving by the day and within 2-3 years LCD will perhaps become better than Plasma and may emerge as the dominant technology in the world. There is intense competition from the Korean and Chinese brands? How do you propose to fight this competition? Chinese competition has come and gone away. Konka, TCL were here. But when they make TV?s in India they cannot make it at China prices because they have to pay all the local direct and indirect taxes. So it is not that Chinese TV?s have any competitive edge. Indian players are extremely competetive. We are able to compete with any product of the Chinese producers. And our brands are well established. So if they have to make an entry, they have to bear cost of promotions, cost of putting a management team in place, the cost of service, distribution, etc. All that is not so simple. Is the share of small loc
