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China market: LCD equipment price war raging

Post Time:Feb 23,2009Classify:Industry NewsView:391

Taiwan LCD equipment suppliers eying the China market are finding themselves in a price war with Korean and local competitors, with prices having dropped about 20%, according to market sources.

Taiwan makers are finding it hard to cut into the supply chain of China's LCD panel industry, which has usually worked with local or Korean suppliers, the sources said, adding price comeptition is intense as a result of limited orders.

Taiwan suppliers, who has seen China as a possible source to boost their sales during the weak economy, were cited as saying that they may give up vying orders from Chinese clients if prices fall too low.

Source: DIGITIMESAuthor: shangyi

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