uhm, no.
According to Digitimes:
The inventory of large-size LCD panels has increased dramatically since the fourth quarter of 2005 due to an oversupply and extra production capacity coupled with a plunge in panel prices. The panel industry, in order to hinder further price drops and stabilize the market, is reviewing its expansion plans and adjusting production, according to the the research firm.
Displaybank recently forecast that panel prices will bottom out between August and September, as panel makers will begin full-scale cuts of production from July while demand for TVs and IT products will seasonally pick up in the second half of the year. The expectations are on the assumption that production reductions will be maintained at least for three months, noted the research firm.
However, panel makers indicated that it will be difficult to realize the forecast since Samsung Electronics had said it will not cut its LCD production. With only makers including LG.Philips LCD, AU Optronics, Chi Mei Optoelectronics and several second-tier panel makers in Taiwan cutting production, it will not be enough to help panel prices to rebound.