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Too many LCD panels mean TV, monitor prices will tumble

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.

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.

TeamVR
http://vrzone.com
VR-Zone is a leading online technology news publication reporting on bleeding edge trends in PC and mobile gadgets, with in-depth reviews and commentaries.

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