Flat Panel Sales Drop 11% for June

Posted 07/25/2008 at 7:50am | by Chris Moody

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It looks like the sluggish economy is affecting LCD panel revenues, they dropped 11% in June, but they still represent a 12% on-year growth. Samsung Electronics remains the worldwide leader in terms revenues, followed by LG Display and AU Optronics, according to DisplaySearch.

There was $6.9 billion in total LCD revenues for June. No matter how you look at it, that is a lot of LCD panels.

Panel makers however see the price drop as a possible stimulant to boost demand. They believe prices will stabilize in August, and stand a chance of rising in September, driven by back to school demand.

That means look for your bargins now to complete your 3 or 4 monitor setup!