Samsung and LG to push up LCD prices

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Samsung and LG to push up LCD prices

According to an article published in the Korea Herald, manufacturers Samsung and LG Phillips are going to be raising the prices of their 15in and 17in LCD monitors by 3-5%. “The two Korean manufacturers together account for around 40 per cent of the LCD market. The move, apparently made in response to dwindling supply from smaller, Taiwanese manufactures, could provoke similar price rises from other manufacturers”. Thankfully, this price increase isn’t too significant, and with the amount of competition facing the current LCD monitor market, it shouldn’t be long before prices lower once again.

Read the entire story at The Register.