LCD monitor shipments from both SIs and brand vendors slightly slip in October, reports WitsView

Taipei, November 26, 2008---As to the result of WitsView's worldwide top 10 LCD monitor SI shipment survey in October, most of the system integrators shipment decreased, only Innolux, Samsung, LGE and Wistron MoM shipment grew. Thus, the total MoM shipment declined 3.6% in October. The result is also a signal that there is no more incentive in the end market for the hot season coming. Especially in this market down cycle, the smaller system integrators have two troubles from the brand customers cut the order and their internal financial crisis. That is why their shipment performs unstable at this time.
　
So we could clearly see the consolidate phenomenon in the top 5 system integrators. They take the bigger share month by month. Except the Samsung and LGE have the priority strategy to satisfy their in house production capacity, the pure system integrators who are TPV, Innolux and Qisda must be pay more attentions on dealing with rush orders and flexible production strategy in order to maintain their monthly shipment stably. WitsView projects the Top 10 LCD monitor brand vendors’ MoM shipment will continue to decline in November, down by roughly 18%.

Worldwide top 10 LCD monitor SI shipments by unit in October (Unit: K pcs)

Amid the arrival of Q4, which traditionally marks the shipment peak, the shipment performance of the worldwide Top 10 LCD brand vendors in October was worse than expected. According to WitsView’s October brand vendor shipment survey, the Top 10 makers’ MoM shipments declined by 1.4%. It can thus be seen that there is little momentum in the end market to push the demand. By looking at the shipment figures of each region, the North America region was most affected by the financial crisis, where most of the brand vendors saw their shipments decrease. As for the other regions, the market demand was also relatively weak, as well.

In the run up to the year-end sales, demand is expected to be slow in the traditionally hot season. LCD Monitor brand companies have not only revised down their sales target, they are also holding a very cautious outlook towards the 4Q08 market trend. Thus, WitsView forecasts the Top 10 LCD monitor brand vendors’ MoM shipment will continue to decline in November, down by roughly 17%.

Worldwide top 10 LCD monitor brand shipments in October (Unit: K pcs)

Note: The production volume covers both own-brand and outsourcing manufacturing

More information on LCD monitor SI and brand shipments are available on WitsView's web site at http://www.witsview.com/MarketTrend/Default.aspx

About WitsView

Founded in the year 2004, WitsView, a subsidiary brand of DRAMeXchange, is composed of a team of TFT-LCD industry experts. The research field covers the development and market trend of upstream components, mid stream panels and downstream system integrators and retailers.

For more about WitsView, please visit www.witsview.com