Steve May's entertainment technology joint

avzombie.com header image 2

Industry shivers as LCD sales run out of steam

May 7th, 2006 · No Comments

LG MW-71PY10

It’s news that will send a ripple of fear through every major consumer electronics company. Despite ongoing and massive capital investment in panel production, screens are not selling as well as expected.
According to the latest industry market research, there’s a steady decline in the street price of screens for both PC and consumer use. According to the latest insider data, a 15 inch monitor panel will soon sell for around $100.
In Europe, despite great excitement surrounding the World Cup, volume sales for LCD TVs are not materializing, forcing the majors to rethink pricing strategies.
LG Electronics has already slashed the cost of its flatpanels in its local Taiwanese market. The brand says it can afford to do this as yield rates in its joint venture LG. Philips plant improve.
Supply in Europe has been ramped up to meet expected demand, but with less buying activity than expected, 32 inch screens in particular are piling up. A crippling screen glut would prove disastrous for those bigger brands looking for a return to profitability in 2006.

Tags: LCD TV · Trade

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

You must log in to post a comment.