Failure in demand causes LCD sales slump

Market research firm iSuppli released figures which showed an oversupply of LCD units of 6.4 per cent during the second quarter. It's a combination of lack of demand and factories churning more glass out, said the firm.

Panel prices are falling like autumn leaves for LCD TVs, but consumers are still chary of spending their hard earned cash because they're still too expensive, said iSuppli.

One typical consumer the INQ talked to said LCD TVs are way too expensive. Andy Evans, MD of British firm Net Communities, said that he'd rather use a back projected big display. Admittedly, he said, you have to close the curtains to watch the thing, which might cause your next door neighbours to think you're up to something dodgy.

And in the distribution channel, stock that built up is slowing demand while even the demand for 15-inch LCD panels for notebooks took a dive.

That is good news for you, the consumer. Prices will continue to fall across all sizes in the third quarter, predicts iSuppli. µ

L'INQ
iSuppli