Samsung expects LCD prices to stay low until Q4

Posted on Tuesday, March 08 2005 @ 19:44 CET by Thomas De Maesschalck

Samsung stated that prices for LCD displays won't recover until the fourth quarter of this year. The low demand for high-priced flat-screen TVs is the cause for the low LCD panel price.

"LCD prices won't rebound until the fourth quarter. They will definitely rise by Q4 as demand continues to pick up," Cho Yong-duk, a vice president of Samsung's LCD division, told reporters on the sidelines of a product launch. "The prices are likely to stay stable in Q2 and Q3 after a fall in Q1."

Prices for computer LCDs are expected to recover sooner as panels meant for TVs.

More info at IT Observer

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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