The worldwide LCD screen glut is coming to an end. According to market-gazer DisplaySearch, the number of LCD panels entering the global market in November was the lowest since May 2007.
Manufacturers shipped 28.5 million LCDs worldwide, down 21 per cent from the month before. Eight million were TV displays, the rest PC monitors. Revenues fell 24 per cent as a consequence.
Samsung remains the biggest maker of LCD screens. However, it along with other vendors could be forced to cutback supply further. David Hsieh, vice president of DisplaySearch, observes that discounting alone is not stimulating enough demand to maintain current supply levels. ‘Currently, most panel prices are below cash cost, and some lower than the bill of materials cost,’ he reveals.
Worldwide supply of LCD panels drops dramatically, more cutbacks predicted | Home Cinema Choice
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12-29-2008, 02:04 #1
Worldwide supply of LCD panels drops dramatically, more cutbacks predicted