LCD prices decline in July
Prices for large-sized LCD panels for notebooks and LCD monitors have begun declining this month, bringing an end to a five-quarter period of consecutive increases. Panel makers are cutting prices, as they attempt to burn off their inventories, which are rising due to increased production levels and a slowdown in present and expected system demand, which partly reflects a disappointing outlook for back-to-school PC sales. Panel prices began to increase in April 2003, and rose about 21-28% from that time until last month. The price of 15-inch notebook and LCD monitor panels in the XGA format increased to the US$230 to US$235 range in June, up from US$180 to US$190 last April.