Word: panelized
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...Those chunky margins have led just about every big name in electronics to pile into flat screens?especially the production of the glass LCD panel that is the primary, and most expensive, component in an LCD TV. Asian companies in South Korea, Taiwan and Japan dominate this side of the business. Much like semiconductors, LCD panels are manufactured in clean-room factories that require massive investment. Ten new plants costing around $20 billion will start up between now and the end of 2005, increasing the industry's production capacity by 70% next year. Even more are on the drawing board...
...early next year, Asian factories will be churning out more large panels for LCD TVs than customers will want to buy, and the oversupply will depress panel prices. The new factories, most of which will specialize in large-size panels, should be able to produce the panels at a lower cost. With cheaper panels, TV makers can afford to sell LCD TVs at lower prices. "Manufacturers [of LCD panels] will have to cut prices substantially, and that should be positive news for the TV business," says Ryota Sugishita, a technology analyst at Daiwa Institute of Research in Taiwan. Sugishita expects...
...latest displays, the wonders of LCD and plasma TV technology are still well out of reach for the average shopper. True, at U.S. retailer Circuit City, sales of flat-TV models have tripled over the past year, prompting CEO W. Alan McCollough to label this Christmas "a flat-panel holiday." But as long as the price tag on a flat-screen TV is four or more times as much as a comparable tube TV, many consumers will drool and dream but not bite. "Prices [of flat TVs] will be cheaper for consumers this holiday season, but not cheap enough...
...virtual lock that the magic price point?at which flat-panel TVs switch from being a status symbol of the rich and hip to an everyday feature in many living rooms?will be reached in the near future. That's because the Asian consumer-electronics companies that dominate the flat-panel industry are building too many factories too fast. A glut is in the offing, and while prices have already been falling, more rapid declines are expected. Consulting firm iSuppli Corp. estimates that a 37-in. (94-cm) LCD TV that now retails for more than $4,000 will cost...
...screening was accompanied by a panel discussion of Lipper’s new book Growing Up Fast, which expands on the themes of the film. Lipper, a former Lowell House resident and Signet member, documented the lives of six teenagers as they became mothers for the first and sometimes second time in her documentary film Inside Out. Growing Up Fast is the literary documentation of the next three and a half years of those girls and their community members’ lives...