See, this is why I never take the news as seriously as I once did. It seems that now we have the honor of watching LCD prices climb after we thought they might drops some more. Grrr, whatever…

Prices of flat screens for televisions, computers and laptops will rise in the third quarter and growing demand will help revenues rise 35 percent to a record high, a U.S.-based research firm said on Friday.

Average selling prices of large-sized liquid crystal displays (LCDs) rebounded 2 percent to $192 in the second quarter from the previous quarter, ending three consecutive quarterly falls, helped by tight supply and strong demand, DisplaySearch said.

“With volume expected to remain strong in the third quarter, up 8 percent from the previous quarter and 61 percent from a year ago, and prices firming, revenue is expected to rise 35 percent year-on-year to a record $11.1 billion in the third quarter,” it said in the statement.

Shipments grew faster than expected in the second quarter, rising 46 percent to 50 million units from a year ago. [Read the rest]