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LCD TV orders decline amid inventory pile-up in North America

Digitimes has reported that LCD inventories have piled up in north America roughly 2-3 weeks higher than normal due to sluggish demand.

Q3 estimates will be down 20 to 30% unless this built up inventory is absorbed soon. System makers are attributing this forecast to decreased orders from tier one OEM vendors like Philips, LG and Samsung.

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