LG to increase price of monitors

Thu, 13 May 2004, 00:00 WIB | Source: JP

JAKARTA: South Korean electronics maker PT LG Electronics
Indonesia will raise the price of its cathode ray tube (CRT)
monitor products by up to 5 percent in the very near future, the
company said in a release.

LG general manager Sung Khiun said the hike in the monitor
price was due to the rising price of CDT or cathode data tubes, a
key component, amid strong demand and limited supply.

"CDTs account for 70 percent of monitor production cost," Sung
Khiun said in the release. -- JP

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