Showing posts with label pund. Show all posts
Showing posts with label pund. Show all posts

21 Jun 2015

Japanese goods should be cheaper!

The exchange rate (Sterling to Yen) has improved enormously in the last few years and was around 195 Yen to the UK Pound in recent days. Not long ago (2 years ago?) it was less than 130 Yen to the Pound. In real terms Japanese radios should be hugely less expensive based on the exchange rate alone becoming so much more favorable. These are not marginal changes they are huge.

Don't feel too sorry for the dealers. After all, they have to put fuel in their cars. If they struggled a few years ago they are not struggling any more! No, we the consumers are seen as easy fodder, to be milked. The dealers make big profits from early adopters who must have that shiny new radio whatever the cost. Once their greed has been satisfied, the price will drop to attract the rest of us.  I predict the Yaesu FT991 will soon drop in price. Just how much will depend on how much of the exchange rate change the dealers are prepared to pass on to us. One thing is certain, the UK dealers are doing well at the moment.

The FT817 is another story. All development costs were recovered in the first few years. As for LCD and other "supply issues" I just do not believe it. These radios have sold well worldwide for about 15 years and Yaesu has the buying power on anything. No, the true story is someone is making huge profits on this radio, and we the buying public are being taken for a ride.

When the Chinese take the amateur market seriously the Japanese suppliers and their dealers will have a rude awakening.