20081229 MCI Biweekly Update

Between December 15, 2008 to December 26, 2008, the MCI index decreased from 4247.8 to 4155.3, down by 92.5 points. Despite rising to more than 4200 during the first half of December, as mentioned in WitsView’s previous report, with no “positive market catalyst driving the TFT-LCD industry”, chances for further MCI increases were projected to be low. Indeed, minimal increases were seen during the second half of December, where the index largely fluctuated between 4250 and 4100.