Large-size LCD panel shipments in all applications show decline in Jan 2016


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| 28 February 2016




Seasonal effects have been the key driver for large-size LCD panel shipments for January 2016 totalling 57.47 million units, down 16.8% from a month ago says specialist display researcher WitsView.



The analyst found that most panel makers posted declining results, but Panasonic, LCD and Sharp were able to grow their shipments against market headwinds because they had shorter base periods.

“Looking at February, large-size panel shipments have been scaled back because of the Chinese New Year holidays that resulted in fewer work days during the month,” said Iris Hu, research manager for WitsView. “The earthquake that struck southern Taiwan on the 6th also disrupted the operation of Innolux’s fabs. Hence, the total monthly shipments will drop by about 3% from January.”

WitsView calculated that TV panel shipments for January totalled 19.59 million units, down 13.8% from the prior month. Innolux and CEC-Panda suffered the largest monthly declines in their TV panel shipments, respectively by 22.3% and 42%. Innolux’s poor performance was due to the absence of 23.6-inch TV panel orders from the Mexican government, while CEC-Panda pulled back its TV panel shipments to minimise the profit loss resulted from price competition and having an inadequate product strategy. The research expects TV panel shipments to fall by 5–6% monthly in February 2016.