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LCD panel prices heading toward another crash

October 10th, 2007 · No Comments

Problems with the US housing market are predicted to thrown an unforeseen spanner into the works of the industry. Market researcher iSuppli says the current Stateside credit squeeze is likely to limit consumer spending on luxury items, such as LCD TVs. Even though some brands have edged up their prices, a drop in demand in the US will create another worldwide glut of panels, once again causing prices to tumble – great news for consumers, but ultimately disastrous for panel makers.
Says Sweta Dash, director of LCD and projection research at iSuppli: “This may affect fourth quarter pricing of large-sized panels. The issue could become more of a problem if consumers stop spending and tighten their purse strings because of the mortgage problems.”

Tags: LCD TV · Plasma · Trade

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