A shortage of large LCDs, which has lasted for almost a year, and which has resulted in the biggest panel price increases in the history of the industry, has begun to turn into an oversupply, according to research by consulting firm DSCC.
This turn of the Crystal Cycle has brought unprecedented price increases for LCD panels and terrific profits for LCD makers. It is a natural function of the Crystal Cycle that increased prices result in both increased supply and suppressed demand, and we are seeing that happen. The industry has been through almost a full year of shortage, but it is now shifting to oversupply.
Now many providers have many stock, they are thinking of how to handle backlog now.