Retail in Asia

In Trends

Race to set up LCD plants in China may lead to oversupply

A multi-billion-dollar spending spree by Asia’s flat-screen makers to set up cutting-edge LCD factories in China to capitalise on its huge television market could lead to the next screen glut.

"Currently, demand is stronger than expected and everyone has a bright outlook… but the strength won’t last long," says KB Investment & Securities analyst Harrison Cho.

 

To view the full article (note: you must be an scmp.com subscriber), visit scmp.com.

(Source: scmp.com)