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(Nikkei BP Group)



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  • Mitac International Withdraws from CRT Monitor Market
  • August 7, 1998 (TAIPEI) -- Taiwan's Mitac International Corp. is the latest victim of the endless slide of cathode-ray tube (CRT) monitor prices.
    After struggling for nearly a year, the company recently announced that it is giving up its CRT monitor business, following other local monitor manufacturers.

    Mitac began to scale back its production of CRT monitors last December.

    At that time, the profit margin of 17-in. monitors was next to nothing, and prices of 14-in. and 15-in. monitors had already fallen under the average production cost.

    Since this part of operations accounts for only a small part of the company's total, Mitac's management decided to halt their production completely.

    Instead, the company will now focus its production on liquid-crystal display (LCD) monitors and LCD desktop PCs.

    The company sold 10,000 LCD desktop PCs in the first half of the year, and it will begin providing original-equipment manufacturing (OEM) services for Epson America Inc., Sharp Corp. and Fujitsu Ltd.

    The company also plans to expand its production of notebook PCs, which are expected to see a 60 percent growth in sales to 250,000 units by the end of 1998.

    (Commercial Times, Taiwan)


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    Updated: Thu Aug 6 19:45:14 1998