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Too many LCD panels mean TV, monitor prices will tumble

Written by tUx and filed under News > Displays
Published on March 23, 2006, 10:31 pm

Source: The Inquirer
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Further comfirmation that prices of LCD TVs and monitors will fall over the next few months has come from a Merrill Lynch analyst.

Speaking to the Taipei Times, the analyst said overcapacity of LCD panels used in monitors and TVs is the problem.

It's not demand that's the problem, it's oversupply, Daniel Kim told the newspaper. It's the two LCD giants, Samsung and LG Philips, which are largely responsible for the overcapacity problem.

And prices are expected to be weak for several months ahead, he warned.