Big LCDs Set For Comeback, iSuppli Says
Although the slow economy has hurt sales of larger LCD panels in recent months, the sector is primed for a comeback. That’s according to a report issued Tuesday by research firm iSuppli Corp., which based its prediction on what it sees as the supply/demand equation stabilizing, leading to price cuts and therefore more sales.
“The large-sized LCD panel market has been mired in a state of severe oversupply since the start of June, due to lower-than-expected panel demand and high inventory levels throughout the supply chain,” iSuppli researcher Sweta Dash said as part of the release of the study. “However, panel production cuts, combined with the clearance of inventory and a recovery in demand from televisions, desktop PC monitors and notebook PCs are expected to shift the supply/demand equation back to balance in September. This will lead to a recovery in pricing.”
iSuppli defines large-sized LCD panels as liquid crystal display panels, whether used for televisions, computers or other products, which have a diagonal screen dimension of 10 inches or larger.