Would you know a bottom if you saw one? - Kevin Delaney, WSJ
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Flat panel prices set to slump
Again
Fri Sep 01 2006, 06:23
OVERPRODUCTION of LCD flat panels and fierce competition from the manufacturers is likely to lead to prices
falling by nearly a third next year, a
Reuters report said.
LG and Sharp made the announcement at a consumer electronics show in Germany, but such remarks are unlikely to make people dip into their wallets in the run up to Yuletide, we'd expect.
LCD TV prices fell by a third last year, according to an LG executive. The problem is fierce competition matched by continual moves to create more efficient next generation LCD processes.
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