AU Optronics Corp (
Prices "are stabilizing," Lee Kun-yao (
Flat-screen prices have tumbled by more than a third since June, paring 18 months of gains for a US$36 billion industry dominated by South Korea's Samsung Electronics Co. Hsinchu, Taiwan-based AU Optronics and larger rivals added to excess production capacity this year to meet expected demand for liquid-crystal display TVs measuring 32 inches diagonally and larger.
"Demand might explode next year," said Michael Ding (
AU Optronics shares rose 1.2 percent to NT$41.50 in Taipei. The benchmark TAIEX fell 0.04 percent to 5,911.63.
The comments from AU Optronics's Lee reinforce the view spreading among some industry executives that flat-screen prices are beginning to stabilize.
Chunghwa Picture Tubes Ltd (
Samsung Electronics expects LCD TV shipments to rise 77 percent to 16 million units next year from 9 million this year, it said. Austin, Texas-based market researcher DisplaySearch Corp earlier this year forecasted LCD TV shipments would more than double to 12 million units from a year ago.
The decline in LCD prices will continue in the first two weeks of December, according to WitsView Technology Corp (
The price of a desktop monitor screen measuring 15 inches diagonally will fall to US$140 from US$155 a month ago, Taipei-based WitsView said on its Web site on Dec. 7. The price of a 17-inch screen will drop to US$160 from US$170, it said.
"We can view US$150 for a 17-inch screen as the bottom," said Timothy Chen (
Screen buyers will probably cut inventory by the end of this year and start replenishing stocks, according to George Chang, an analyst with Citigroup Global Markets in Taipei.
Still, excess supply remains a concern for some investors and producers. AU Optronics in September said prices have fallen "unreasonably" because rivals are adding to overcapacity.