Deswell Industries (DSWL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Deswell Industries (DSWL)

DSWL 3.390

-0.3%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Pluvia who wrote (878)	8/8/1998 12:33:00 PM
From: Ron Bower	of 1418

-------------------------------------------------------------------------------- Saturday August 8 1998 VTech keen to maintain price war SAUW YIM VTech Holdings will continue its price war on cordless phones in a bid to defend its market share in the US, chairman and chief executive Allan Wong Chi-yun said. The retail price of the cordless phone has fallen from US$70 last December to $50 this month. But the market anticipates it will soon fall to $40. Mr Wong said VTech controlled half of the market share of cordless phones in the US. "The price is not determined by the market," he said. "Instead, it is our own strategy to maintain our competitiveness." Despite a fall in the retail price, VTech has been able to maintain the gross profit margin. "We can control the production cost at well below the retail price." He said increased production capacity in the mainland had achieved economies of scales and the cost on raw materials had dropped due to declining Asian currencies. Reread the last paragraph, Ron

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next