Between April 6th and April 19th, MCI index slid 113.3 points from 7724.4 points to 7611.1 points. The main reason for the dip in the MCI index is that as the market enters the traditional down cycle, brand vendors and system integrators will begin to adjust their orders on hand, which will subsequently lead to the panel makers’ pressure to lower panel prices. As a result, market confidence is shaken. However, actual market conditions show that, at this time, top-tier brand vendors’ product pull-in did not decline significantly as these key players continue to expand their market share, therefore, market conditions are less pessimistic than expected. In future, the launch of new models in 2Q10 will likely boost demand in the market.
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