Good News: Earthquake in Japan not hurting LCD production very much
Earlier we reported on the tragic events regarding Japan’s devastating earthquake and following tsunami that we thought may really ramp up LCD prices and reducing production for quite awhile. Well, that may not be as true as we thought.
According to research firm iSuppli, the Japanese earthquake has not had an impact on prices for LCD HDTV units, according to an article by Home Media Magazine published last week. While the research firm notes that prices for LCD sets are expected to decline again in April (by 0.8 percent, which is a healthy drop), it says the drop is due to the ongoing abundance of back-stock LCD panels and the global economic downturn which is still going on.
They even note that production is slowly beginning to ramp upwards again, so there may be no shortage of units as feared at first. We as HD lovers heave a sigh of relief collectively.