2015 global TV panel shipments near 270 million units


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Editor

| 16 January 2016




In what was a trying year, the TV market had the best shipment performance for 2015 in large-size panel applications, growing by 8.9% year on year to 269.8 million units in total says display analyst WitsView.



The research firm added that a total of 22.73 million units of LCD TV panels shipped in December 2015, down 0.02% from November and up 4.1% year on year. In its analysis, WitsView calculated that fourth-quarter TV panel shipments totalled 68.4 million units, down just 0.96% from the previous quarter. This ‘significant’ increase in TV panel shipments was attributed to new Chinese Gen-8.5 fabs entering operation during the year and contributing to the supply.

Remarked Iris Hu, WitsView assistant research manager: “Even though TV vendors had finished stocking up for the peak season, shipments remained strong throughout the fourth quarter due to high capacity utilisation by panel makers and falling prices.”

The analysis showed that LG Display (LGD) won back the title of top TV panel supplier for 2015 and Innolux took No. 2 in the worldwide ranking. Wits View attributed LGD’s success to making the strategic decision to reduce its reliance on orders from its group company, LG Electronics (LGE), and instead committing to the long-term development of the Chinese market. LGD retook the title of top TV panel supplier worldwide in 2015 by maintaining growth in its shipments, which went up by 6.4% year on year to 55.3 million units.

By contrast, Samsung Display (SDC) TV panel shipment performance suffered in 2015 as its group company Samsung Electronics sell-in shipments were lower than anticipated. With the sharp drop in procurement orders, SDC’s annual TV panel shipments fell 8% to 50.9 million units.