LCD panels for various applications including computer displays, televisions, smartphones, digital signage, and other are produced at dozens of factories in China, Japan, South Korea, and other countries creating oversupply and cut-throat competition. Given macroeconomic uncertainties, demand for numerous devices such as TVs is expected to be weak during the year-end shopping season, which puts further pressure on panel makers.
Meanwhile, it looks like there are simply way too many LCD panels made these days.
Essays on topics economics: monopolists, oligopolists, and oligarchs aren't better decision-makers for the society just because they's rich and they ain't the damn gummint.
If the MAGAnauts push the woke Blue states into their United States of Alabama, who will make the neat stuff?
Hey Vlad. You take Europe, I'll take the Americas. Deal?
28 July 2025
The Laffer Principle - part the first
Arthur Laffer's silliness has come up in the news, directly and indirectly, over the recent days (2019 - in the hopper for a while). Here's one that's particularly amusing. Of course, if Laffer's 'theory' were true, Samsung et al would keep spitting out LCD panels at decreasing average price since they 'know' that such supply will create new demand. Laffer says so.
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