Infocus Selling Themselves As Well As Projectors
Wednesday, October 11th, 2006After missing the mark for their quarterly profits expectations by $8.9 Million USD, Infocus is evaluating alternative strategies in order to make up for the profit loss, including selling all or parts of the company. While Infocus dominated the projector market in the early part of the century, they have been losing considerable ground in the budget projector market to other low-cost manufacturers like Dell, BenQ, and all of the Japanese electronic giants. Infocus attributes the loss to the limited quantities of their IN32, IN34, and IN74 projectors, and expects them to be more available in the 4th quarter.
[via Reuters]





