By Alorie Gilbert, CNET News.com
Published on ZDNet News: July 28, 2005, 2:28 PM PT
The holidays may be a bit happier this year for people pining for a liquid crystal display TV wrapped up in a bow.
That’s because the price of 40- to 42-inch LCD panels fell to $950 this month, the first time such devices have cost less than $1,000, market research firm iSuppli said Thursday.
The falling prices of panels, the most expensive component of the high-tech TVs, could bring the price of the 40- to 42-inch sets down to $2,500 by the end of the year, iSuppli predicted. The most popular size for large, flat-screen sets is 42 inches, according to makers of the generally cheaper plasma version.