Wednesday, August 25, 2004
LCD Panel Demand Drops
Posted by James Fee in "NEWS" @ 05:00 PM
"LCD panels have now moved into a period of oversupply, foretelling lower prices, an analyst firm said this week. In conjunction with Stanford Resources, analyst firm iSuppli Corp. said that during the second quarter the available number of LCD panels outstripped the demand for those products by 6.4 percent. The firm predicted that in the third quarter demand would fall even further, only reaching parity sometime in the fourth quarter. The analyst firm said that "disappointing demand and faster additions to supply" contributed to the imbalance, the result of eight new LCD fabs that are supposed to enter production this year. However, consumers continue to snap up LCDs. Demand, the firm said, is constantly increasing, and by the fourth quarter demand is once again expected to outstrip supply by about 1 percent. "Panel prices are coming down significantly for LCD TVs," the firm said. "However, consumer prices are still not low enough for demand to meet suppliers' expectations. Disappointing demand in the first half forced suppliers to reduce their 2004 demand forecasts."
LCD prices have been so volatile over the past couple of years. Still lower prices is good for those of us who have not bought dual LCDs in the past couple months. With demand expected to increase, now might be the time to make your move.
LCD prices have been so volatile over the past couple of years. Still lower prices is good for those of us who have not bought dual LCDs in the past couple months. With demand expected to increase, now might be the time to make your move.
