Chinese manufacturer of LCD panels for the first time early in the year ahead, LG Display

Китайский производитель LCD-панелей впервые в начале года обогнал LG Display

Pandemic coronavirus helped the Chinese company BOE Technology for the first time overtake the South Korean LG Display to supply LCD panels in the first quarter of the year. Assembly of LCD panels, LG Display in mass produced in China, therefore, associated with quarantine restrictive measures for the transportation of goods has reduced the volume of LG Display. BOE is also partly affected for the same reasons, but was saved orientation on the domestic market of China.

In General, as reported by analysts Sigmaintell in the first quarter of 2020, manufacturers shipped 31.4 million LCD panels in a variety of sizes. This is 7.7% less than in the same period last year. In terms of the area of supply of “glass” reduction amounted to 3.8 %, which resulted in the supply of LCD with a total area of 5 million m2. This means that on average, the diagonal supply of LCD panels has become greater and it? 24 inch or 0.7 inch more than a year ago (by 0.2 inches more than in the previous quarter).

The Chinese company BOE Technology, as noted above, the rating of suppliers LCD ranked first with total shipments of panels at the level of 8.7 million pieces, representing annual growth of 13 %. LG Display has put panels 6.9 million or 11% less than a year ago.

In third place is the Taiwanese company AU Optronics. As LG Display, in the process of assembling the panels, it relies on Chinese factories, which in the period of the pandemic in the country were forced to stand. Thus for the year quarterly volumes of supplies of LCD panels AU Optronics declined by 23 %.

Other places on the market liquid crystal panels as follows in descending order: Samsung, Innolux Corporation, CEC-Panda, CSOT and TCL.

Returning to the company BOE: it should be noted that she actively goes to the production of higher-quality IPS panels and panels that use other new technologies. So, in the volumes of the LCD in the first quarter, the share of the IPS LCD was 75 %.

With regard to the Outlook for the second quarter, analysts expect strong demand for panels. In their opinion, the consumer market and the Internet cafes are restored as well and a growing demand on the panel with a big diagonal.

Китайский производитель LCD-панелей впервые в начале года обогнал LG Display

Китайский производитель LCD-панелей впервые в начале года обогнал LG Display

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