China on track to become second biggest LCD panel maker in 2017

Posted on Thursday, April 09 2015 @ 16:42 CEST by Thomas De Maesschalck

Analysts estimate China could become world's second largest TFT LCD panel maker as early as 2017. South Korea will remain world's largest LCD panel maker but Taiwan is expected to drop to the third position as Taiwanese manufacturers are conservative on expanding capacity whereas Chinese panel makers continue to invest aggressively.

China panel maker BOE's vice president Chikara Kuboshima, speaking at the Finetech Japan, noted that panel makers such as BOE, China Star Optoelectronics Technology (CSOT) and Tianma have seen some of the fastest capacity expansion in China, with BOE expected to hold 27% of global capacity in 2016 as well as account for 39% of capacity in China.

Additionally, BOE accounted for a 20% of global market share in handset LCDs and 31% for tablet LCDs in addition to 14% for monitors and 7% for TVs.

Source: DigiTimes

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

Loading Comments

Share this story!