LG Says LCD HDTV Prices Have Hit Bottom

[johnnymk]

http://www.audioholics.com/news/industry-news/lg-says-lcd-hdtv-prices-have-hit-bottom?date=420920090120

The price of LCD based HDTV panels have finally hit rock bottom, so says LG Chief executive Kwon Young-Soo. If you’re sitting on the fence about a new LCD panel purchase – the steep price drops might have already subsided, if LG is to be believed. As the world’s second largest LCD manufacturer LG should know a thing or two about their value. After all, the company was one of those implicated of LCD price fixing earlier this decade.

It’s been a tough quarter all around, the pain of recent financial hard times hasn’t spared South Korea’s LG. The company reported its worst-ever quarterly loss, mostly due to the free-falling price of LCD panels. That it was treated to a $400 million US fine for its part in the price fixing scandal certainly hasn’t helped.

The troubles aren’t unique to LG. The LCD market worldwide is soft on profit due to declining prices and limited demand in the wake of our current financial crunch. Analysts predict all LCD manufacturer’s will suffer further losses in the first half of 2009.

But Mr. Kwon sees a silver lining for the LCD market. He believes it has hit bottom, now the only direction it can go is up.

“TV panel prices will likely stop the downward trend and recover.” Kwon said.

This could mean the significant price drops we’ve seen on big-screen HDTVs quarter after quarter could be at an end. If prices level off it might not be great for consumers looking for a bargain but it might mean a more stable market for manufacturers.

In the face of short-term bad news for HDTV LCD panels, LG plans to adjust investments by putting its money behind premium LCD screens for mobile devices.

The company is investing heavily (to the tune of $427 million) into LTPS or low temperature polysilicon technology. The new mini- LCD panel technology will help LG remain competitive in the growing Smartphone market.

[Cubsfan]

Probably what I'd say too if I wanted people to stop waiting to buy TV's :)

[DarkFury]

Probably what I'd say too if I wanted people to stop waiting to buy TV's :)
Exactly...

Pretty much, until the 32" TVs get down below $300 (and the 42" TVs get down to like $500)... I don't think we've seen the rock bottom yet. :D

Newer technology will keep forcing prices down... unless they absolutely stop creating new technology.


To think that years ago, a decent computer would cost you around $1500... and now you can get one for under $500 no sweat. It'll just take some more time (that or a newer technology will make all the current generation stuff totally obsolete, thus resetting the cycle.)

[Prngr44]

Probably what I'd say too if I wanted people to stop waiting to buy TV's :)

No joke. "We were lying before and got hammered. But not now, no, no more lies."

[Houdini]

Interesting, as I'm about to purchase a new HDTV (my first) sometime in the next couple of days. I've pretty much decided to go with an LCD in the 46" range for now. I like the new LED backlighting ideas (primarily pushed by Sony, Samsung (A950) and LG.)

The Sony XBR8 is still pretty expensive compared to the roughly-equivalent Samsung (yes, I know the Sammy has white LEDs and the Sony has tricolor,) and LG90.

Does anyone here happen to own any of these? Any advice? The LG90 hasn't been out long enough to get many reviews, but I do like its specs. Problem is, no place around here carries it, so I'd have to order it sight-unseen.

Interesting that LG released this right before I decide to buy one.

H

[Winston]

Interesting, as I'm about to purchase a new HDTV (my first) sometime in the next couple of days. I've pretty much decided to go with an LCD in the 46" range for now. I like the new LED backlighting ideas (primarily pushed by Sony, Samsung (A950) and LG.)

The Sony XBR8 is still pretty expensive compared to the roughly-equivalent Samsung (yes, I know the Sammy has white LEDs and the Sony has tricolor,) and LG90.

Does anyone here happen to own any of these? Any advice? The LG90 hasn't been out long enough to get many reviews, but I do like its specs. Problem is, no place around here carries it, so I'd have to order it sight-unseen.

Interesting that LG released this right before I decide to buy one.

H
if there is a Conns buy this fast. Samsung LED DLP HL61A750 999.97 @ Conns killer price imo
just checked there are stores in Baton Rouge,LA
http://www.conns.com/conn-s-service-store-locations.html

[ufcrusher]

if there is a Conns buy this fast. Samsung LED DLP HL61A750 999.97 @ Conns killer price imo
just checked there are stores in Baton Rouge,LA
http://www.conns.com/conn-s-service-store-locations.html

H: I want to buy a mercedes anyone know where to buy it.
W: Go here, they have a a yugo for $1...its a killer price imo. :shrug:

When someone wants an apple, you dont tell them to buy an orange.

[uncledaddy]

H: I want to buy a mercedes anyone know where to buy it.
W: Go here, they have a a yugo for $1...its a killer price imo. :shrug:

When someone wants an apple, you dont tell them to buy an orange.

:laugh: I was confused at first. :heh:

[Winston]

H: I want to buy a mercedes anyone know where to buy it.
W: Go here, they have a a yugo for $1...its a killer price imo. :shrug:

When someone wants an apple, you dont tell them to buy an orange.

Houdini mentioned Samsung and DLP i only gave him my opinion


why dont you just beg someone for their password to consumer reports and find your own model you like and suggest one to him

[nate el bueno]

The prices probably hit "rock bottom" because LG was price fixing with a couple of other manufacturers (Sharp, Chunghwa). I just read an article in Maximum PC about it. The fine is over 500 million I believe. *checks article* Yeah, it's 500 million, and the EU has yet to hammer down a fine as well.

[raimin]

Houdini mentioned Samsung and DLP i only gave him my opinion


why dont you just beg someone for their password to consumer reports and find your own model you like and suggest one to him
I think Houdini is talking about led backlit lcd tv. Ive been also looking at the xbr and the a950

[The Happy Squirrel]

I too am in the market for a new LCD thinking sony or samsung.

tere was a tv in the best buy ad this week for a 42" sony 1080p 120htz for $999 Thought i had found the one but o to the store adn find out its only 60 htz

"were sorry for the confusion they said"

COnfusion? you put that wrong damn tv in the ad thats not confusion that an outright falsehood!!!

anyways the search continues

IF anyone can suggest a great bargin i wnt 40-42" has to be LCD has to be 1080p and 120htz

must cost less the $157.23 <optional>

[DarkFury]

I think Houdini is talking about led backlit lcd tv. Ive been also looking at the xbr and the a950
Yeah, I don't recall seeing anything about "DLPs" in that post either. :shrug:

Honestly, other than "going big" on a TV, I wouldn't recommend a DLP to anyone these days. Bulb replacement cost is way too high to endorse it.

[Winston]

omg your right he didnt mention dlp i musta had a brain fart my apologies to houdini and ufcrusher

[raimin]

well i was thinking about led dlp for a bit because with led the bulb replacement is almost not needed, and the picture has less jitter

[Prngr44]

well i was thinking about led dlp for a bit because with led the bulb replacement is almost not needed, and the picture has less jitter

And you get WAY more tv for your buck.