Originally posted by smartcat
Samsung/LG are making big money (globally). Is it not possible for an Indian company to do what the Koreans and the Chinese did? |
With assumption that everything is possible, it is very very difficult to beat them in pricing and consumer electronics is nothing but commodity. World-over Consumer electronics companies of Europe (Phillips, ..), USA (??) are facing heat from low cost, high design counterparts of China/Korea/Japan/Taiwan.
Because of commodity nature of the business, it is near impossible to demand premium and we all know Indian manufacturing is not one of the least-cost area.
It is not that only Samsung, LG or Sony knows how to make LCD TVs but it is that only they how to make it in least cost and this difference separates Phillips, Thomson from them.