AB Ekranas initiates anti-dumping measures on South-Eastern Asia countries

On June 28 AB Ekranas submitted a claim to the European Commission aiming to initiate anti-dumping measures on India and South Korea which resorted to unfair competition in the segment of 14" color picture tubes on the European market. Lawyers retained by the company are about to complete another claim to seven Asian countries which engage in unfair competition in the segments of 14, 15, 20, 21, 25, 28 and 29" color picture tubes in Europe. It is planned to submit the second claim to the European Commission by the end of July. These initiatives of AB Ekranas are actively supported by Tesla Ecimex Company producing color picture tubes in the Czech Republic. In summer AB Ekranas normally suspends production activities and the staff take the vacation leave. All technological lines have been stopped from July 1. Sales services and some of the servicing and auxiliary subdivisions are kept running. Currently the company occupies 58% of the small size and almost 12% of the medium size tubes market in Europe. In both segments, the company has a 26% share of the European market. A rise in demand of electronics products is expected after the International fair of consumer electronics organized on September 2 – 7 in Berlin. Among others, AB Ekranas will present its production and new products in the fair, too. In this international fair for the first time AB Ekranas will launch the slim type color picture tubes. It is expected that this product, characterized by good technological features, attractive price and modern design, will be received by the consumers with high interest and become the main driver boosting the sales of AB Ekranas products.