LACK OF DEMAND, over supply and huge stocks of product in the channel mean prices of large sized LCD pannels fell more than expected in August, research firm iSuppli said. That, according to a report from the firm, meant a "near time headache" for suppliers but could mean bargains for buyers. The LCD panels used in desktop PC monitors fell the most, said iSuppli in a report to its customers, meaning prices for 15-inch and 17-inch panels fell by around 18 to 19 per cent last month.
Despite hopes that sales of LCD TVs would pick up because of the Olympic Games last month, the reality was that sales were slow. And sales of LCD monitors appeared to be just as slow. Some desktop monitor firms have begun slashing prices on 15-inch and 17-inch LCD monitors already - there are stocks in the distribution panel getting dusty.
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News source: The Inq