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Old 4th October 2004, 10:41   #1
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Default LCD makers sell panels below production prices

WHILE MAKERS of panels for LCD monitors and TVs are hoping that distributors and resellers have demolished inventory mountains over the last few weeks, giant manufacturer LG Philips is now selling units for less than it costs to make them, it has emerged.
The Taiwan Times today quotes AU Optronics CEO Chen Hsuen-bin as saying that rivals, such as LG Philips, is adding to the overcapacity. LG Philips, Samsung, and AUO are the big three players in panel production.

http://www.theinquirer.net/?article=18862
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