LCD prices to rise? Say it ain’t so
According to BusinessWeek, investors are celebrating LG.Philips quarterly loss…seems counterintuitive, but apparently the loss was less than expected (“Yay!” say the investors). This, apparently, means that LCD prices are stabilizing and will stop falling or even (GASP!) start rising:
That sent a strong message that the worst is over for LCD makers, whose profits have been under pressure from an industry glut and pricing pressure. “The rock bottom is past us,” says Daniel Kim, Hong Kong-based tech analyst at brokerage Merrill Lynch (MER). “The news from LG.Philips epitomizes the improving health of the whole industry.”
But…I like the rock bottom…it’s so…cheap. And beautiful. And…and…cheap.
Oh, and I’m not sure what that image actually says but I think it may be predicting the coming stability and potential rise of LCD prices.