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Samsung Electronics forced to lower LCD TV prices, say sources

Calvin Shao, Hsinchu; Esther Lam, DIGITIMES Asia 0

Samsung Electronics recently lowered LCD TV prices by 18-20% due to inventory pressure from poor sales in the US, according to sources in the industry. Chi Mei Optoelectronics (CMO), a key Taiwanese LCD TV panel maker, is also set to cut prices.

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