NSR - Prices for LCD TV to drop 30-40% throughout 2007

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Prices for LCD TV to drop 30-40% throughout 2007 - Digitimes

Digitimes reports although the global LCD TV market is expected to grow more significantly in 2007, TV vendors and LCD panel makers may face more pricing pressure and prices for LCD TVs will drop 30-40% throughout the year, according to sources. If the prices drop that low, the prices for a 32-inch LCD TV could only be US$663-774 by the end of 2007, said the sources. Research firms include DisplaySearch, iSuppli and Displaybank project LCD TV shipments to grow at least 50% in 2007. The annual growth of LCD TV shipments will also surpass those of PDP (plasma display panel) TVs and rear-projection TVs (RPTVs) dramatically in 2007, noted the research firms.