32″ LCD TV panels to drop below $300 in March 2007
Slow seasonal sales and oversupply in Q1 2007 will push prices to less than the $300 level for 32″ LCD TV panels in March, which is below the manufacturing cost level, iSuppli believes. Many suppliers are continuing to cut their utilization rates at fabs that are producing these types of panels in order to stave off any further rapid price declines. Prices for 37″ television panels are experiencing a stronger rate of reduction than the 40/42″ television panels. Suppliers are cutting 37″ pricing in a bid to boost demand.