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LCD market to rebound in late 2005

Posted: 19 Oct 2004 ?? ?Print Version ?Bookmark and Share

Keywords:displaysearch? lcd?

Market research firm DisplaySearch announced that the recovery of the worldwide LCD market from its series of price cuts and oversupply may come in late 2005.

Ross Young, president of DisplaySearch, states at an industrial conference in Seoul,

"Currently, profitability of the LCD industry is shrinking. The pace of decline in LCD prices is expected to slow after 4Q this year." He also said that the average LCD selling price would be reduced by as much as 5 percent in the second half of next year since makers continue to ramp up capacities.

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