LCD prices to fall after EU ends tariffs
By Stewart Mitchell
Posted on 13 Jan 2011 at 13:59
Consumers could see lower retail prices for LCD screens and other electronics after the EU agreed to scrap a set of tariffs.
The EU's decision should come into effect by the end of June, and follows a long-running dispute involving a tariff against Taiwanese, Japanese and American manufacturers of LCD monitors, set-top boxes and multi-function printers.
The three countries had gone to the World Trade Organisation (WTO) claiming the tariffs – of between 6% and 14% - were unfair. The EU has now chosen not to contend the issue further.
The WTO had urged the EU to drop the tariffs last year, but setting a date to drop the duty means price reductions are finally on the cards.
“As prices in general are going down anyway it will be hard to say which of the factors had influenced the prices most, nonetheless I expect the decrease to be accelerated,” Miroslav Sykora, a senior analyst at IDC, told PC Pro. “It's a bit premature to state exact projections of its real effect on prices.”
Is your business a social business? For helpful info and tips visit our hub.
- iPhone 6 release date, specs/features and rumours: when is the new iPhone 6 coming out in the UK
- Still on Windows XP? There's now an unofficial service pack
- It's on: Apple announces 9 September event for the iPad, iWatch and iPhone 6... maybe
- 1,500 fake apps kicked off Windows Store
- Forget robot butlers: meet Fuji Xerox's robot printer
- 20 years of PC Pro: our best covers
- Why we've closed the PC Pro forums
- How to turn off Google Location Tracking
- 20 years of PC Pro: our greatest review mistakes
- 20 years of PC Pro: our first A-List
- Wikipedia's "right to be forgotten" protest hits the wrong note
- 3D printing hits the high street for plastic selfies
- 20 years of PC Pro: What amazed us in our first issue
- How Google Glass ruined my lunch hour
- Smartphone battery packs: can a USB power pack beat the festival battery blues?
- How to sell more ebooks on Amazon
- 10 ways to make your business more secure
- Top five VoIP mistakes
- How to add in-app purchasing to an iPhone, Android or Windows app
- Remote-control ransomware: TeamViewer and software hardball
- Why laptops with serial ports matter to the Internet of Things
- Make your mobile battery last longer
- Small steps into handling Big Data
- Nexus 5: does it really run stock Android?
- How to get broadband to a garden office