Monday, November 01, 2010
The AP reports that LCD TV prices are expected to fall due to reduced demand.
AP: LCD TV companies see falling prices as demand down
SEATTLE (AP) — Companies that make huge flat-screen televisions and their LCD panel components are alerting investors that demand is dropping in the U.S. and other developed markets.
If you're planning to buy one of these, wait a while more. I'd suggest holding out for the Xmas or New Year sales. If you're selling your LCD TV though, you'd better get rid of it soon!
In related news, The Star reports that the Malaysian consumer retail market is expected to be weak in the second half as consumers are becoming more cautious with their spending.