Lower-than-expected flat-screen TV sales worldwide have created a glut in liquid-crystal display (LCD) panels that's unlikely to dissipate anytime soon, even with the release of new products such as 3-D TVs, according to two separate reports released this week.

Global manufacturers shipped 98.8 million LCD panels during the first half of the year, while only 76.2 million LCD sets were shipped, indicating an overage of 30%, iSuppli said in a report yesterday. Such widening inventory has caused panel makers to drop prices to near-cost level, according to iSuppli.

The lack of demand caused LCD TV prices, which had risen in July, to fall in August. Prices are expected to keep falling this month. Last week, DisplaySearch reported that second-quarter North American TV sales fell 3% from a year earlier after increasing 1% in the first quarter, indicating that Americans remain conservative about spending.

Those hoping that the expected influx of 3-D TV sets will be a shot in the arm for the industry may be disappointed. About two-thirds of consumers surveyed in a Nielsen poll released on Sept. 9 said they were less than likely to buy a 3-D TV within the next year, with 68% saying they're concerned about the cost and 57% indicating that having to wear special 3-D glasses would be a turn-off.


Increase your money and finance knowledge from home

Introduction to Retirement Funds

Target date funds help you maintain a long term portfolio.

View Course »

Introduction to Preferred Shares

Learn the difference between preferred and common shares.

View Course »

Add a Comment

*0 / 3000 Character Maximum

93 Comments

Filter by:
Vinny

I won't buy anymore 'stuff' that demands a seperate remote. I agree with the guy who mentioned that his camera has 15 buttons. I have the same complaint. Tiny little buttons that open up a mass of seperate 'menus' that extends the complexity to the point of 'I'll leave it at home' rather than fiddle with the mass of tiny buttons and menus. Phones are the same. A tiny screen and ten thousand 'menus' that just complicates the most simple task. Nowadays I look at the simplicity of operation rather than a bunch of 'gismos' with additional complexity.

September 30 2010 at 8:06 AM Report abuse rate up rate down Reply
Doc Rhines

I have so many REMOTEs now -- I had to buy a Bloodhound to keep track ..... 80 years ago we had a radio - it had two (2) knobs - on/off/volume and Tune for Station.... I gotta a camera the other day with more than 15 funtion-buttons! Progress ain't my cup-a-tea ! !

September 12 2010 at 2:21 PM Report abuse +3 rate up rate down Reply
alfredschrader

Cable, satellite, LCD HD etc. Tvs are all duds now. Why ? Because I just invented a new system that works through your computer. Bill Gates predicted it, and I perfected it. You will need broadband net access to use it. And it's simple a database of everything, every show, every movie, documentary, all of it. You simply click on what you want to see. Watch it when you want, as many times as you want. One low cost. No gas cost to the video store. No lost mailed DVds....Alfred-

September 12 2010 at 1:01 PM Report abuse -2 rate up rate down Reply
1 reply to alfredschrader's comment
Judith

So what IS that which you have perfected?

September 12 2010 at 1:17 PM Report abuse +2 rate up rate down Reply
budwsr25

3-D tv's are not going to stay. Just like the HD dvd it will be gone soon.

September 12 2010 at 11:32 AM Report abuse +2 rate up rate down Reply
bemahuron

I assume when they make reference to a glut of LCD TV's, they mean all HD TV's. I've never understood why LCD or LED TV's have become the standard by which HD TV's are measured when plasma is so superior a format. I'd guess the initial 'burn in' concerns with plasma sets were a big part of that but from contrast ratio to refresh rate, plasma wins.

September 12 2010 at 11:25 AM Report abuse rate up rate down Reply
spotboyko

The 3-d glasses are great, you can fall asleep watching the crap and no one knows...

September 12 2010 at 11:16 AM Report abuse +8 rate up rate down Reply
jtigersfan

How would increased sales help us anyway?NONE of this JUNK is made here anyway...Save your old tvs for as long as possible and then buy used until someone starts making something in AMERICA! Stop supporting foreign govts. who hate us anyway!!!!!!!!!!!!!!!!!!!!

September 12 2010 at 10:48 AM Report abuse +20 rate up rate down Reply
2 replies to jtigersfan's comment
fred5223

AMEN!!

September 12 2010 at 12:57 PM Report abuse +3 rate up rate down Reply
del112745517

Everything made in Red China.It's a communist country,an enemy and will always be an enemy.They will always side with North Korea, no matter what.Stop making this country rich. Give the business to friendly country or keep it here in USA.

September 22 2010 at 9:54 AM Report abuse rate up rate down Reply
Harry Hurt

ALICE, it is "obsolescense" not "obsolence".

September 12 2010 at 10:44 AM Report abuse -7 rate up rate down Reply
1 reply to Harry Hurt's comment
Alice

Thanks for the correction but the important point is the change in policies.

September 12 2010 at 11:06 AM Report abuse +4 rate up rate down Reply
Alice

Ref all comments concerning new technology: While we need current technology in some areas of our lives (e.g. security, health), we do not need it for entertainment and other aspects of our lives. Corporations use commercial advertising to brainwash us into thinking we need all the newest "stuff." The American policy of a quality, long lasting produce was replaced by corporate "planned obsolence" policy. Planned obsolence means short life time product that will require replacement in a short time period. The cycle of planned obsolence insures continuing sales to replace items which results in consumers spending money. I believe when Toyota and other foreign corporations adopted the old American policy of quality products, and American companies adopted the "planned obsolence" policy, Americans started buying foreign made products and American made products almost disappeared. Now, foreign corporations have adopted the "planned obsolence" policy and producing low quality, inferior products (i.e. Toyota's recent recalls). But is it too late since all the American made, quality products are gone? I hope not.

September 12 2010 at 10:35 AM Report abuse +7 rate up rate down Reply
rseaf30148

DBATT911....You must either be related to Dick Cheney or you work for Halliburton. The change to digital television was all about the $$$$....Funny you used 911 in your screen name too....911 wasn't perpetrated by foreign terrorists....it was all about the $$$$ too....

September 12 2010 at 10:27 AM Report abuse -6 rate up rate down Reply