Worldwide shipments of LCD panels jumped 41.4 percent after nine straight months of decline, according to numbers released this week by iSuppli Corp.
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,