This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: profit swings. Since 2000, LCD makers have been on a nonstop construction binge, building new factories to produce the latest generation of screens arriving every 18 months or so . Now, with the eighth generation of screens, the cost to build new factories is higher than everrunning between $3 billion to $4 billion each. And this generation of factories is optimized for screens measuring 50 inches or more diagonally, which so far is a much smaller potential market than that targeted by previous screen generations....
View Full Document
- Fall '11