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Flat-Panel Display Declines Will Be Worse Than Those of 2008 Financial Crisis, Says Omdia

The COVID-19 pandemic will send unit shipments of flat-panel displays plunging by 11.1% globally this year, reported Omdia Wednesday. That’s worse than the 8.8% decline during the 2008 financial crisis, it said. It predicted the market will recover in 2021…

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“as the impact of the coronavirus recedes.” Its forecast is for unit shipments to rise 9.1% next year.