Thursday, July 15, 2004

LCD supply trying to catch up to demand

Walking through Best Buy these days you are likely to be dazzled by a wall full of LCD and Plasma TVs. After tearing your eyes off the TVs, you are likely to have a heart attack when you see the price tag... normally over $4,000 bucks. But don't be afraid, help is on the way.

The Joint Venture between Sony and Samsung to product LCD TVs has just finished building their new LCD Plant. Plants just like this one are popping up all over Asia with production ramping up over the next year. So what should you expect in terms of prices... check out this quote:

"The new S-LCD plant is optimized for big panels that can fit into televisions, said iSuppli analyst Riddhi Patel. 'It's going to make the large-size LCDs available at a more reasonable rate,' she said. Partly because of the new factory, the average price for LCD televisions that are 40 inches or larger should fall from about $8,000 to $1,500 by 2008, Patel said."

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