LCD Business will be better next year
Tuesday, December 30th, 2008
The LCD business industry may seem to have been on the low these days, but experts are saying that next year will be the rebound year.
The optimistic forecast has been attributed to falling inventory levels and a projected increase in orders. In addition, second-tier system manufacturers could agree to a price increase for monitors and notebook panels by mid-January 2009. However, first-tier system makers are unlikely to accept a price hike until February.
Meanwhile, global inventory LCD monitor inventory levels dropped to approximately 4.5 million units in November and are expected to plummet to 2.5 in December. If not replenished, inventory levels could reach record lows of 100,000-200,000 units by January 2009. A similiar fate is expected for notebook panels, which posted four million units in November. December inventory is projected to drop to 2.5 million units and could reach zero if production has not increased by January 2009.
So what does this mean for the rest of us? It means that with more profit next year, we should expect better LCD monitors as well.
