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Key Summaries from TrendForce's Annual Forecast 2021 Event

16 October 2020

TrendForce today (Oct. 16) held its Annual Forecast 2021 event at the NTUH International Convention Center. Key summaries of the event can be found here.

Chinese Panel Makers Expected to Occupy More Than 50% Share in Monitor Panel Market in 2021 Through Production Capacity Advantages, Says TrendForce

15 October 2020

Chinese manufacturers are expected to raise their market share from 39% this year to 52% next year in the monitor panel market, and 36% to 39% in the notebook panel market, according to TrendForce’s preliminary shipment forecast of panel makers for 2021. As such, these manufacturers are expected to maintain their plans of transitioning some production capacities from TV panel manufacturing to IT panel manufacturing in spite of the TV panel shortage in 2H20 caused by various factors such as the closedown of SDC’s LCD panel manufacturing operations, the rise of the stay-at-home economy, and the stimulus policies instituted by governments worldwide.

TrendForce Announces Top 10 Tech Industry Trends for 2021

6 October 2020

In this release, TrendForce provides its forecast of 10 key trends in the tech industry for 2021.

TV Panel Shipment for 2020 Expected to Decrease by 6.2% YoY in Light of Limited Production Capacity, Says TrendForce

29 September 2020

Yearly TV panel shipment for 2020 is projected to reach 267.53 million units, a 6.2% decrease YoY, while shipment by area is projected to increase by 0.7% YoY, coming to 169.6 million square meters, according to TrendForce’s latest investigations. The decrease can mostly be attributed to three factors: first, the trend of gradual increases in TV sizes; second, the slowdown in capacity expansions for panel fabs; and finally, the continued high demand for IT panels, the manufacturing of which crowded out fab capacities for TV panels. Furthermore, due to the aforementioned decreases in TV panel capacity and TV panel shipment, the glut ratio of TV panel shipment vs. TV set sell-in this year is projected to reach 24%, which is lower than the 2019 figure of 31%, thereby generating an upward momentum for TV panel prices.

BOE to Control 28% of Global Large-Sized Display Panel Capacity in 2021 via CEC Panda Acquisition, Says TrendForce

25 September 2020

After a period of back-and-forth negotiations, the sale of CEC Panda has finally materialized, as BOE formally announced on September 23 its plan to acquire an 80.831% share in CEC Panda’s Nanjing-based Gen 8.5 fab and 51% share in CEC Panda’s Chengdu-based Gen 8.6+ fab, according to TrendForce’s latest investigations. The acquisition is expected to be in its final stages by now. After BOE’s B17 (Gen 10.5) fab began operating in 2020, the company now possesses about 21.1% of the global large-sized panel capacity. On the other hand, CEC Panda’s Nanjing-based Gen 8.5 fab and Chengdu-based Gen 8.6 fab collectively accounts for about 4.7% of the global total. As such, if the acquisition takes place successfully, BOE will possess more than a quarter of the global large-sized panel capacity, and this share is expected to further increase to 28% in 2021. Within the context of the global display panel industry, the acquisition will not only bolster BOE’s leadership position, but also increase its influence considerably.

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