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New Delhi: The TV industry, which already faces soaring prices of memory chips (RAM), is bracing for a decline in sales, weighed down by rising cost of plastics to ocean freight on account of ongoing geopolitical tensions in West Asia. Some manufacturers are also flagging concerns over a potential downtrading trend as buyers shift towards smaller screen sizes amid rising prices. Moreover, rupee depreciation has pushed up overall production costs, leading to higher television retail prices. Als ...Read More >
New Delhi: The TV industry, which already faces soaring prices of memory chips (RAM), is bracing for a decline in sales, weighed down by rising cost of plastics to ocean freight on account of ongoing geopolitical tensions in West Asia. Some manufacturers are also flagging concerns over a potential downtrading trend as buyers shift towards smaller screen sizes amid rising prices. Moreover, rupee depreciation has pushed up overall production costs, leading to higher television retail prices. Als ...Read More >
Eastman Kodak temporarily suspended film production at its Rochester factory to upgrade manufacturing and meet growing demand. This shutdown allows for modernization of facilities, ensuring continued support for analog photography amidst rising interest, particularly from younger generations. CEO Jim Continenza assures that film availability will remain unaffected during this period. ...Read More >
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