Analysts Claim LCD Oversupply; Consumers to See Deep Price Cuts

S-LCD (Samsung/Sony), LG Philips LCD, AUO, CMO and now NEC -- What do the five largest LCD manufacturers have in common? Within a week, all have announced that 7th generation LCD manufacturing facilities are the name of the game. All five major manufacturers are ramping up production of LCD panels this year and are expected to exceed demand for supply by up to a staggering 15%, according to EETimes.