LCD Prices Rise in Wake of Chinese Stimulus Program8 Apr, 2009 By: Erika Carmona
Prices for LCD monitor panels are rising as a result of China’s rural consumer stimulus program, according to iSuppli Corp’s LCD PriceTrak Service.
“Average pricing for most monitor panels and small-sized television panels increased in a range from $2 to $3 in March, compared to February, mostly due to an influx of rush orders from the domestic Chinese market,” said Seta Dash, director of LCD research for iSuppli.
Rising orders from brands and retailers also played a role in the increase. It is predicted that rush orders will carry over to April and consumers will notice another hike in prices, elevating prices by another $1 to $3.