The output was boosted by manufacturers of TVs making strong showings in the LCD TV market at the year-end sales season and by IT equipment manufacturers such as Dell Inc entering the market.
Production will continue growing quickly in 2004, but industry observers can’t say by how much. Given the tight demand-and-supply situation for large thin-film transistor (TFT) LCDs for TVs, pricesare unlikely to fall any time soon. Nikkei Market Access forecasts a year-on-year increase of 112% to 7.69 million units.
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