Jan
17

Samsung LCD TV Production Jumps

Filed Under LCD TV News, LCD TV Prices 

Samsung is the world’s biggest maker of LCD displays. (LG Philips LCD a joint venture between LG & Philips is the second and chasing them hard). They’ve both got huge, new 7th generation factories in Korea ramping output fast.

Samsung are forecasting increased demand for LCD TVs. In fact they predict a 60+% increase in industry sales of LCD TVs in the coming year.

Similarly, LG Philips LCD posted a 900% profit increase in their proft for the last quarter of 2005 off the back of their LCD TV sales.

LCD TV boom times are here and are going to stay for a while. If you’ve got the patience hold off buying (hard I know because the things look so sexy) because prices are going to be catching the express lift to the ground floor. (LCDs are intrinsically a lot cheaper to produce than Plasma TVs).

For more information check out the LCD TV Buyers Guide.

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