LG Display tops LCD TV panel chart_20.12.2015


Rebecca Hawkes

| 18 December 2015

South Korea’s LG Display (LGD) shipped 4.82 million LCD panels in November out of total of 22.74 million units, according to the WitsView report from TrendForce.

The total tally for November represented a 2.2% increase in large-size LCD panel shipments year-on-year, and for LGD represented a monthly growth of 12.8%.

“LGD has been expanding its presence in China and is now the leader in LCD TV panel market on account of its close-knit relationships with its Chinese partners. The other South Korean panel-maker Samsung Display Corp (SDC) by contrast has had uneven performances through this year because it relied too much on purchase orders from the group company Samsung Electronics. Nonetheless, SDC’s monthly TV panel shipments for November grew 11.4% to 4.26 million units due to October having shorter shipment base period,” said a statement from TrendForce.

Taiwanese panel-maker Innolux has posted strong results owing to a procurement in Mexico. However, with deliver to Mexico taking place in October, shipments of Innolux 23.6” TV panels in particular suffered a sharp 42% monthly decline in November, according to WitsView.

Chinese panel-maker BOE Technology (BOE) replaced Innolux in November’s ranking with 3.61 million units shipped and a monthly growth of 3%.

AU Optronics (AUO) has seen strong sales and restocking of its 43” panels. This segment’s monthly shipments surpassed 600,000 units in November, taking the company’s overall TV panel shipments in November to 2.41 million units. However, AUO was still ranked sixth in the WitsView TV panel shipment report, trailing behind China Star Optoelectronics Technology (CSOT).