LCD panel market to recover in H2 2009, says DisplaySearch

Posted by Digitimes

According to DisplaySearch, the LCD panel market will start to recover in the second half of 2009, as history of the panel industry indicates that oversupply in panel market usually will not last for more than three quarters. In the past LCD TV sales would increase when dropping LCD panel prices brought down the prices for LCD TVs; however, due to the current economic downturn, LCD TV sales have been weaker than expected this year despite the dropping of prices, DisplaySearch noted.

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