20080324
MCI Biweekly Update
From Mar 10, 2008 to Mar 21, 2008 the MCI index dropped slightly from 8154.3 to 8117.6, down by 36.7 points. According to WitsView’s Frontline report for the second half of March, there is a large probability for the PC panel prices to hit bottom this month. As a matter of fact, prices have basically stabilized in the second half. In addition, WitsView believes shipments are also expected to begin picking up again. As the MCI index still remains above the 8000 level, it signals that the market confidence in the TFT LCD segment is strong, further proof of the anticipated market rebound.....more