Economic Worries Be Damned, Large-Sized LCD Panel Growth Expected To Be Huge In 2008

An oversupply of large-sized LCD panels that began in November 2007 widely attributed to global economic worries doesn't look to be a concern any longer as research firm iSuppli is forecasting a 17.7% growth in large-size LCD panel unit shipments in 2008. Shipments in the first quarter only decreased 2.8% (WitsView says 9.9%) compared to the fourth quarter of 2007, not much of a drop considering the first quarter after the holiday season is generally slow. And thanks to this summer's Beijing Olympic Games demand is currently pretty high and demand is expected to continue: panel suppliers are throwing $17 billion this year into building next-gen LCD manufacturing lines.

Via Tech-On

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