Panel pricing on the decline for July, says DisplaySearch

Panel pricing on the decline for July, says DisplaySearch: Panel pricing for various segments has been on the decline and will continue to drop in July, according to DisplaySearch. Due to the US dollar and the Greek debt crisis, monitor brands are adjusting channel inventories, which piled up during the first half of 2015 because demand was weak. Also, most brands are shifting their focus to the US market for higher profits due to the strong US currency. Some brands have been pressured to decrease monitor panel purchases because they need to reduce inventory levels and achieve better quarterly financial results. As a result, monitor demand will be slow in July. Similar to the previous month, panel prices will fall.