Prices of BOE and LG Display LCD panels soar as consumers stay home

Cost of large panels for televisions has jumped 60% since spring amid pandemic

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A Tokyo electronics shop. LCD TVs are selling strongly on stay-at-home demand. (Photo by Kiu Sugano)

MOMOKA MATSUMOTO and YOICHIRO HIROI, Nikkei staff writers

TOKYO -- Prices of liquid crystal display panels are soaring like never before after pandemic stay-at-home demand for personal computers and televisions rapidly brought scarcity around the world.

LCD panels are key components of PCs and TVs. Increases in work from home and online education resulting from the global health crisis have created strong demand for PCs. TVs also are selling strongly.

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