Chinese panel makers begin to dominate large LCD TV sector | 4K/UltraHD | News | Rapid TV News
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Research from IHS Markit has found that Chinese panel suppliers have increased their market share nearly ten times in the first quarter of 2019 from a year ago.

IHSMarkit 30April2019Overall, according to its Large Area Display Market Tracker, IHS Markit observed that shipments of larger than 9-inch TFT-LCD panels reached 178.3 million units in the first quarter of 2019, down 1% from a year ago. By area, the shipment increased by 6.7 %to 49.1 million square meters during the same period.

Drilling deeper, the analyst noted that with Chinese panel makers accelerating the mass production of large thin-film transistor (TFT) LCD TV panels faster than expected, they accounted for 33.9% of the 60-inch and larger LCD TV panel shipments in the first quarter of 2019. Their market share has expanded nearly 10 times from 3.6% in just over a year.

Even though South Korean panel makers still accounted for the largest share in the 60-inch and larger LCD TV panel shipments, with a 45.1% share in the first quarter, Chinese panel makers’ share in the large LCD TV panel market is expected to continue to grow.

China’s BOE accounted for 29% of the total 60-inch and larger LCD TV panel shipments in the first quarter of 2019. It is estimated that the B9 10.5G fab has reached its maximum capacity of 120,000 sheets in the first quarter of 2019. ChinaStar also started to mass produce large LCD panels at its T6 10.5G fab in the first quarter. CEC-Panda and CHOT ramped up mass production at their 8.6G fabs to the maximum design capacity in the first quarter. Foxconn/Sharp is forecast to begin mass production at their Guangzhou 10.5G fab in the second half of 2019.

“When BOE’s B9 10.5G fab started its mass production in the first quarter of 2018, the industry expected that its full ramp-up would take quite a time due to a learning curve,” explained IHS Markit principal analyst Robin Wu in the Large Area Display Market Tracker. “However, it did not take as long and BOE has become the largest supplier of 60-inch and larger LCD TV panels since the end of 2018. As both Chinese and South Korean panel suppliers are focusing on large LCD TV panels, competition between them will become more intense, pressuring the price of large LCD TV panels even further throughout 2019.”