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Flat-Panel Prices Continue Plunge

Time: 13:01 EST/18:01 GMT | News Source: ZDNet | Posted By: Fred Fernandez

The Itasca, Ill.-based subsidiary of NEC-Mitsubishi Electric Visual Systems announced on Monday that it would slash prices on a range of flat-panel monitors in part of a sales drive. NEC-Mitsubishi Electric Visual Systems, which began North America operations in July 2000, is a Tokyo-based joint venture of NEC and Mitsubishi Electric.

"These latest price cuts underscore our determination to bring LCD flat-panel desktop monitors further into mainstream consumer and corporate markets," said Chris Connery, NEC-Mitsubishi Electronics Display of America spokesman.

NEC cut the price of its 15-inch monitors by $90 to $359.99. The company cut its 17-inch monitors by up to $120 and its 18-inch monitors by up to $150. The price of a 19-inch monitor was lowered by $350 to $949.99 and a 21-inch monitor by $850 to $2,799.99.

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