Compaq yesterday announced the worldwide launch of two new flat-panel displays, one of which could be priced at less than £500.

The TFT5015 is a 15-inch flat-panel display aimed at home and small office users, and is available now for $499, Compaq said in a statement. If either the usual pounds-for-dollars arrangement or even a direct exchange rate, this means a flat-panel for PCs at £500.

It features XGA (extended graphics array) resolution, up to 200-nit brightness and a viewable screen that is nearly the same size as a standard 17in CRT (cathode-ray tube) monitor, said Compaq. Nits are a standard unit for measuring the light-intensity of displays.

The pricier TFT5030 is aimed at business users and is priced at $639. It boasts a 170-degree viewing angle, which means it can be viewed from quite far round to the side, and offers both digital and analogue compatibility. Both monitors come in a two-tone, silver and carbon colour design, the company said.