[nonsequ]

The really funny thing is that the LCD panel business is generally horrible. All profits must be reinvested in expensive new production lines, there's little differentiation among makers, and everybody's been gunning for market share in a growing market. Net net, the panel makers have made next to nothing, even with price-fixing.

The current situation is even more dire. None of the LCD panel makers have turned a profit for almost two years now as rapid LCD TV demand growth has slowed down. I'm not saying their behavior should be condoned, but this is kicking them while they're down.