Samsung hikes price of LCD monitor by 5%

Samsung India has announced its plans to increase the prices of its LCD
monitors by five percent. This price increase, which will range from Rs 250 to
Rs 500 across the Samsung LCD monitor range, will be effective from July 2,
2008. Sanjay Sharma, VP-Sales, Samsung IT Business stated, "The depreciating
rupee and the rising inputs costs have compelled us to effect this price
increase."

Samsung has a series of state-of-the art LCD monitors across Myst, Hayden and
Touch e series in the screen sizes between 15, 17, 19, 20 and 22-inches
including wide screen models. The top of the line Touch E-series comes with a
contrast ratio of 8000:1 for finer video and pictures, 16.7 million color
support, MagicClear technology for anti-reflection and wide viewing angle. The
Samsung LCD monitors are priced between Rs 7,500 to 14,000.