LG Drastically Cuts Spending for 2012

[TheDickWard]

LG also says that there are no plans to build more LCD plants.

http://www.engadget.com/2011/08/29/l...ging-lcd-dema/

[mike71]

I think everyone is feeling the pinch. the sales will increase come hoilday time. plasma tv sales are still hurting lcd to a certain degree, right now you can get a 50' LG plasma at a whopping $499 at hh gregg for the labor day sale. the next size to compete with the 50' is a 47' at a higher price & the average consumer will go with the bigger size at a lower price even though you can't go wrong with either one.

[Elee s]

I wonder how vizio is holding up.