End-market Demand Slides Continuously; LCD Panel Price Fluctuation is Expected after Aug-12

Affected by the global economic downturn, China, South Korea, and Brazil have slashed their interest rates and revised downward their economic growth rates. Take Korea as the example, its economic growth rates was lowered to 3.7% from 3.3% as posted before. And China’s economic growth in 2Q12 dropped below 8% , a new three-year low, with a slight YoY increase of 7.6%, while its overall economic growth in 1H12 worries us by merely standing at 7.8%. The slight downtrend of the US and Eurozone economic growth will be probably lowered again, indicating profound worries over global economic outlook.


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