LCD TV Center

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.

Elsewhere in this blog we mentioned the major new “7th Generation” LCD factories coming on stream from Samsung and LG Philips LCD.

This increase in production of LCD displays will continue the downwardprice pressure on LCD TVs - especially in the larger sizes.

It seems likely that the price curve for LCD TVs will follow that of digital cameras. Anyone who has bought a digital camera in the last 2 years will know that whatever you bought you can now get the same thing for a lower price, or a much better camera for the same price.

So heed the lessons from digital cameras and if you’re in the market for LCD TVs shop patiently - time is on your side. Find out more about LCD TVs www.lcdtvcenter.com