UPDATE: Pioneer has announced exactly when the KURO line will end. Click through to find out.
Pioneer is to ditch its TV line to save money after being hit hard by the recession. Pioneer’s killed the Kuro TV!
Tagged ‘recession’
US and UK analysts of the videogame industry tip Nintendo, with its Wii and DS, to be worst hit by recession – because its new base of casual gamers will stop buying games sooner than hardcore gamers, diverting their money elsewhere. UK analysts also point out that Sony’s PS3 will suffer from being at a higher price than its rival consoles. While US analysts have focussed on the fact that Microsoft has, at least for 2008, got the better exclusive franchises for the Xbox 360, with Gears Of War 2 leading the charge.
Sony’s making job cuts, the tech sector is braced for the worst next year, and stores are discounting gadgets like they’re going out of style.
But is the dreaded recession putting a crimp on your gadget spend? Or are you making the most of the bargains, stocking up on entertainment kit and preparing the batten down the hatches for a year of chanting “staying in is the new going out” through 2009?
There’s one market that isn’t crashing this week: touchscreens. The credit crunch isn’t even denting sales. In fact, experts predict sales will double within five years, fuelled by the latest mobiles and other gadgets.