Panel makers brace for price cuts, as LG.Philips cuts shipment goals

With LG.Philips LCD cutting its shipment goals for the second quarter, panel makers expect sharp drops in prices for 37" TV panels, according to industry sources.

The sources pointed out that with LPL cutting its prices, the industry is seeing pricing in the 32" and 37" segments approach the US$400 and US$600 levels, respectively.

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