DigiTimes reports LG Display saw it notebook panel shipments to 4.2 million units in April, down from about 5.1 million panels in March. The firm claims weak demand from Europe is to blame for the drop.
LG Display (LGD) saw its notebook panel shipments drop by almost one million units to 4.2 million in April, as clients canceled orders amid weakening demand from Europe, which accounts for about 30% of the global notebook market, according to sources with Taiwan-based TFT-LCD panel makers.
LGD, the top supplier in the segment, shipped about 5.1 million notebook panels in March, compared to four million units from Samsung Electronics, three million units from AU Optronics (AUO) and 1.8 million units from Chimei Innolux (CMI), the sources noted.
CMI's notebook panel shipments also dropped to 1.6 million units in April, while shipments of Samsung and AUO remained flat, the sources said.