ID :
43595
Sun, 02/01/2009 - 19:25
Auther :
Shortlink :
https://www.oananews.org//node/43595
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Global LCD prices expected to rebound starting this month
SEOUL, Feb. 1 (Yonhap) -- Global liquid crystal display (LCD) prices are expected
to rebound starting this year after falling off sharply late last year, industry
sources said Sunday.
A rise in demand is likely since manufacturers of various information technology
(IT) products and electronic appliances have depleted their stocks after putting
off orders starting in the fourth quarter, the sources said.
The liquidity crunch triggered by the collapse of Lehman Brothers Holdings Inc.
in mid September adversely affected consumption across the board, causing
manufacturers to cut back on production of digital TV, mobile phones, computers
and other mobile electronic devices that all use LCDs.
Experts citing forecasts made by Display Research a leading research and
consulting firm on displays, said prices of most LCDs should move up by May at
the latest.
They said 19-inch displays hit bottom at $56 in December and after making a
slight gain in January, should start recovering lost ground this month.
Prices for 15.4-inch monitors used for notebook PCs will likely dip to $44 during
the month but make a comeback in March, with 22-inch monitors to pull off a
similar recovery. The current price for 22-inch LCDs stands at $83.
For the larger 32-inch screen prices may remain fixed at $170 up till April
before moving up in May.
"The time of recovery is slightly faster than previously forecasted, but an
overall drop in inventory should help stabilize prices," a industry analyst said.
He added that if the global economy makes modest gains in the second half, prices
of most LCD should post solid gains.
This view reflects comments made by Kwon Young-soo, head of LG Display Co., last
month who said prices have reached bottom and that things will look up starting
in the first quarter.
He pointed out that sales of digital TV sets in the United States moved up by 20
percent annually during the Christmas season, while other countries have
introduced various measures that could spur consumption like giving tax refunds
for purchasing TV sets.
The CEO said that signs of a consumer rebound are causing manufacturers to
actively consider placing new orders that can help push up prices.
yonngong@yna.co.kr
(END)
to rebound starting this year after falling off sharply late last year, industry
sources said Sunday.
A rise in demand is likely since manufacturers of various information technology
(IT) products and electronic appliances have depleted their stocks after putting
off orders starting in the fourth quarter, the sources said.
The liquidity crunch triggered by the collapse of Lehman Brothers Holdings Inc.
in mid September adversely affected consumption across the board, causing
manufacturers to cut back on production of digital TV, mobile phones, computers
and other mobile electronic devices that all use LCDs.
Experts citing forecasts made by Display Research a leading research and
consulting firm on displays, said prices of most LCDs should move up by May at
the latest.
They said 19-inch displays hit bottom at $56 in December and after making a
slight gain in January, should start recovering lost ground this month.
Prices for 15.4-inch monitors used for notebook PCs will likely dip to $44 during
the month but make a comeback in March, with 22-inch monitors to pull off a
similar recovery. The current price for 22-inch LCDs stands at $83.
For the larger 32-inch screen prices may remain fixed at $170 up till April
before moving up in May.
"The time of recovery is slightly faster than previously forecasted, but an
overall drop in inventory should help stabilize prices," a industry analyst said.
He added that if the global economy makes modest gains in the second half, prices
of most LCD should post solid gains.
This view reflects comments made by Kwon Young-soo, head of LG Display Co., last
month who said prices have reached bottom and that things will look up starting
in the first quarter.
He pointed out that sales of digital TV sets in the United States moved up by 20
percent annually during the Christmas season, while other countries have
introduced various measures that could spur consumption like giving tax refunds
for purchasing TV sets.
The CEO said that signs of a consumer rebound are causing manufacturers to
actively consider placing new orders that can help push up prices.
yonngong@yna.co.kr
(END)
