Samsung readies large flat panel price falls@ 2004/07/16
The firm reported its second quarter results in Seoul, Korea today, turning in a net profit of 3.13 trillion won on revenues of $14.97 trillion. (US$1=KRW1,165). Most of the sales were for DRAM devices, LCD panels, and on mobile phones.
The Wall Street Journal quoted a VP for Samsung's LCD business as saying notebook LCD screens may fall by 10 per cent over the next few months. But, more significantly, prices of 17-inch and 19-inch panels could be cut by 20% because demand is weak