LCD panel makers feeling impact from Chinese salary rises

Posted on Saturday, June 26 2010 @ 6:57 CEST by Thomas De Maesschalck

DigiTimes reports Taiwanese LCD panel makers are starting to feel the effects from the recently salary hikes in China:

TFT-LCD panel makers in Taiwan have started to feel the effects from recent salary hikes in China as system makers and OEM players have started to use the issue as a bargaining tool for price reductions, according to market sources.

OEM players are putting pressure on upstream component suppliers, including panel makers, for price reduction in order to release their pressure on cost from the rising labor fee, the sources added.

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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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