Global oversupply of LCDs to peak in Q3

A global oversupply of large-sized LCDs is forecast to peak in third quarter, but it will balance out by the fourth quarter, iSuppli said.

A global oversupply of large-sized liquid crystal displays (LCDs) is forecast to peak in the third quarter of this year, but it will balance out by the fourth quarter, a US-based research firm said on Friday.

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The global supply of the LCDs exceeded demand by 6.4 per cent in the second quarter because of disappointing demand and faster additions to supply, iSuppli Corp said in a report.