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It is reported that global LCD TV panel shipments increased quarter by quarter in 2017.LGD, BOE, Innolux Took Top 3 Positions
WitsView, a division of TrendForce, reports that global LCD TV panel shipments increased quarter by quarter in 2017. 1H17 showed less momentum for holiday sales due to the high prices, but shipments rebounded in 2H17 as the prices declined and TV makers prepared for the year-end sales. Moreover, the new production capacities of BOE’s Gen 8.5 fab in Fuqing and HKC’s Gen 8.6 fab in Chongqing have been focusing on middle-size TV panels (43" and 32" respectively), bringing the annual shipments beyond expectation to 263.83 million pieces, an increase of 1.3% compared with 2016.
As for 2018, Iris Hu, research manager of WitsView, points out that panel makers will continue to increase the production shares of large-size panels and UHD panels to boost the revenue and profit. “The penetration rate of UHD panels is expected to reach 42% this year, an increase of 7.4 percentage points compared with 2017”, says Hu. Regarding the new production capacity, BOE’s Gen 10.5 fab produces mainly large-size TV panels (65" and 75"), but CEC’s two fabs still put their priorities at middle-size ones (32" and 50"). Meanwhile, replacement of CRT TV sets with 32" and 23.6" LCD ones is still ongoing in emerging markets, making the average panel size grow slower to 45.8 inches, only 1.3 inches up from 2017. Overall speaking, global TV panel shipments this year will have chance to hit a second-highest number in history, reaching 269.49 million pieces, an annual increase of 2.2%.
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