iSuppli: LCD 40-42 Inch Model Prices to Fall

Posted July 30, 2005 to News

Market research firm iSuppli says that because of a glut in LCD inventory worldwide, the average price of LCD panels for manufacturers dropped $1,000 this month to $1,125. This roughly translates to consumer LCD TVs having a price as low as $2,500 during Q4--just in time for the holiday buying season.

Since Sony announced that it was leaving behind plasma TV development earlier this year and opened up a new joint venture with Samsung to produce more 40 to 42 inch LCD panels, the price has decreased with supply.

Global LCD TV sales are up 87 percent from 2004 and expected to hit 18.8 million units by the end of 2005.