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China tech

Subsidized Chinese makers squeeze Asia's LCD industry

BOE helps push 65-inch panel price below $220, down 30% over past year

Prices for LCD panels used in 65-inch TVs, the main money-maker for manufacturers, have fallen by nearly a third over the past year and continue to slide.

TOKYO -- Prices for liquid-crystal display panels for TVs are tanking amid a fierce price war led by Chinese manufacturers that receive subsidies from local governments.

Prices for high-volume LCD panels for 32-inch TVs have stopped falling because panel makers have cut output as prices have fallen below production costs. But the price of panels for 65-inch TVs, suppliers' cash cow, have fallen 30% over the past year and continue to sink despite surging demand in North America and China.

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