LCD oversupply forecast

Uh, does the accounting staff talk to the marketing staff at LG.Philips and Samsung? All we've been hearing for the past several months are phrases like "new production facility", "investing millions in LCD manufacturing", and "trying to keep up with demand." Now, all of a sudden, there is a predicted glut of LCDs in the market and companies are scratching their heads.

It's all good for the consumer though: you don't need a degree in Economics to know that when supply is greater than demand, market prices drop accordingly. In fairness to the LCD industry, consumer confidence is down and oil prices have spiked, which can hurt demand for consumer electronics. I think the industry's investment dollars are in the right place; this is just a blip in the short term. Hopefully, it's a blip that you can take advantage of this holiday season and get an LCD HD set for less.