According to WitsView, a research division of TrendForce, even though the global economy has been gradually under recovery since 2010, its reviving and growing pace is slower than expected.
According to WitsView, a research division of TrendForce, since the TFT-LCD industry posted a stronger than usual traditional weak seasonality in 1Q10, downstream customers were aggressive in restocking earlier in 2Q10 under the expectation of the insufficient panel supply in 3Q10.
While LCD TV has grown rapidly in sales since 2006, its household popularization rate in Japan and the advanced countries in Europe and North America is approaching the peak. While the replacement of CRT with LCD TV has gradually come to an end, LCD TV needs more fresh features to attract consumers to replace their models on hand.
According to the latest surveys by WitsView, a research division of TrendForce, shipments from the global top ten brand vendors added by 1.2% MoM to 12.42M units in October 2010, and shipments from the global top ten SIs continued the momentum of September, and rose by 1.5% MoM to 14.06M units.
According to WitsView, a research division of TrendForce, large-sized panel shipments slipped by 0.6% to 53.01 million units; of which, TV panel shipments posted the largest decline by 9.6%, which mostly attributed to the finish of the inventory replenishment for China National Day holiday in October.