Uh, does the accounting staff talk to the marketing staff at LG.Philips
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.
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.