Since the third quarter of 2014, the LCD TV panel industry has been going through a difficult time, with TV set makers adjusting panel inventories as well as their 2015 business plans downward. LCD TV panel demand is now expected to drop 3% in 2016 over the year to reach just 257 million units. The decline is a result of TV brands' continual panel inventory control, as well as global economic uncertainty, according to IHS.
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