July 12, the world's largest manufacturers of LCD monitor LG-Philips 11 may publish messages that price competition is fierce and the market demand is not desired, the second quarter the company big losses. According to LG-Philips figures, this year's second-quarter loss of $ 537 billion won (about $ 3.4 million), compared with profit of 411 million won.
Some of the Korea industry analysts noted that fierce price competition led to LG-Philips and its major competitors, Samsung, and other company's profits down. In addition, the World Cup on flat-panel TV sales boost nor and expected, a series of information indicates that the LCD monitor market supply surplus will continue until the end of this year.
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