LCD HDTV prices will fall in the coming months

More news today of additional LCD manufacturing capacity, this time from a joint venture between Panasonic, Hitachi, and Toshiba, and sooner than originally scheduled. Previous announcements of capacity increases in the last few weeks were made by Sharp, Samsung, LG. This added capacity will accelerate the price drops seen over the past few months.

Meanwhile, production of traditional CRT displays continues to be eliminated in the US and Taiwan as demand drops.

The trend makes sense – flat-screen TVs are so much more convenient, and coupled with HDTV quality, why would anyone go with CRT?

We’ll be replacing the 19″ CRT in the bedroom with an LCD HDTV, probably around 27″ – 32″, sometime this year. Also, we’ll probably replace the 27″ CRT (Proton) that Alex is using with the PS2, probably around the time the PS3 comes out.