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Through improvements in LCD parts and materials, monitor weight has been reduced over earlier models, making it easier to transport and install the display.
In this file photo taken March 3, 2010, people look at wide screen televisions at a Costco store in Mountain View, Calif. If you"re in the market for a new flat-panel TV, it"s a good time to buy. TV prices usually drop from year to year, and the decline will be sharp this 2010 holiday season thanks to a supply glut. Consumers have been holding out all year for better deals, leaving lots of unsold televisions on the shelves. (AP Photo/Paul Sakuma)
(AP) -- If you"re in the market for a new flat-panel TV, it"s a good time to buy. TV prices usually drop from year to year, and the decline will be sharp this season thanks to a supply glut. Consumers have been holding out all year for better deals, leaving lots of unsold televisions on the shelves. Prices for high-definition LCD TVs will fall more than twice as fast as they have so far this year as manufacturers and retailers clear out inventory, analysts predict.
- Makers of LCD panels invested profits from last year"s buying spree in more manufacturing capacity. Thinking 2010 would be as strong as 2009, they flooded the market. But the economy didn"t improve as expected.
- As a result, there"s an oversupply of panels, and prices started dropping over the summer. That means cheaper sets should be making their way to stores now.
Some of the best deals this season will be on 32-inch LCD TVs, the most popular size. They will sell for rock-bottom rates of $300 or less, compared with about $400 last year. That"s because manufacturers are selling raw panels of that size for only slightly more than the cost of making them - $160 to $170 each, far less than the $210 to $220 they fetched earlier this year.
Deep price cuts also are coming for higher-end models, including LCD TVs with LED backlights, which use less energy than regular sets and can be thinner or provide improved picture quality. Manufacturers have increased production capacity for parts specific to LED sets; that will drive down prices for components and, ultimately, the TVs themselves.
Overall, good deals will be 15 percent to 20 percent lower than holiday 2009 prices for regular LCD TVs. The price drop had been slimmer at 7 percent earlier this year, Gagnon says, and the decline should return to the single digits by spring.