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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Demosthenes who wrote (41143)	12/26/2000 8:35:18 PM
From: Proud_Infidel	Respond to of 70976

Flat-panel displays mark record sales By Bloomberg News December 26, 2000, 2:55 p.m. PT Flat-panel display makers such as NEC and Fujitsu saw their sales reach record levels in the third quarter, as product prices continued to tumble. Worldwide shipments of LCD monitors for computers increased 37 percent over the previous three months to a record high of 1.7 million units, according to DisplaySearch, a U.S. market researcher. That was the first time since the first quarter of 1999 in which growth from one quarter to the next exceeded 20 percent, DisplaySearch said. A supply glut has resulted in falling prices, making products more affordable and increasing demand. Flat-panel monitors are three to four times more expensive than conventional cathode-ray tube displays. Last year, NEC and other producers enjoyed price increases of up to 70 percent until new makers from Taiwan such as Acer Display Technology and Chunghwa Picture Tubes increased output and forced prices down. The average selling price for flat-panel displays fell by 6 percent, or $75 per unit, to $1,150 during the third quarter. Prices of 17-inch screens fell the most during the period, tumbling 31 percent to an average of $1,667 each. DisplaySearch said the trend has continued in the fourth quarter with the average selling price for all units falling 6 percent from the previous quarter. The company also forecast that shipments have increased 25 percent, to 2.12 million units.