TV prices falling for Black Friday

Updated
Big Screen TV being installed
Big Screen TV being installed

Just in time for Black Friday, the prices of LCD TVs are expected to plummet. According to two independent research firms -- DisplaySearch and iSuppli -- prices will start dropping by the end of September by as much as 5%, with declines picking up steam as we head into the holiday shopping season.

TV panels were in short supply last year as manufacturers and retailers kept inventory lean. But then production ramped up again in 2010, but sales didn't keep up creating a glut of inventory. That has firms like Display Search predicting lower prices for TVs as manufacturers try to unload some of their excess inventory.

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