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The latest research from WitsView, a division of TrendForce, reveals that shipments of panels for smartphone displays for 2015 are expected to reach 1.82 billion units, and the total shipments for 2016 are forecast to grow 7% year on year to 1.95 billion units. Thin-film transistor (TFT) LCD smartphone panels manufactured with low-temperature polysilicon (LTPS) and oxide TFT technologies are projected to account for 29.8% of the 2015 global smartphone panel shipments.
The latest large-size LCD panel shipment report by WitsView, a division of TrendForce, says a total of 22.74 million LCD TV panels were shipped in November, representing just a 0.8% decrease compared with prior month and a 2.2% increase year on year. Iris Hu, WitsView assistant research manager, stated that since branded TV vendors are going to do an annual inventory check at the end of year, some of the December’s panel demand was pulled into November.
The largest Chinese LCD panel maker, BOE Technology Group (BOE), formally announced on December 2 that it is commencing the building of its Gen-10.5 LCD panel fabrication plant in the Chinese city of Hefei. With the construction of the Hefei fab underway, major Japanese panel maker Sharp will find its days as the manufacturer of the largest LCD panels numbered.
Since 2013, major LCD panel makers have continually invested in fabs producing LTPS (low-temperature polysilicon) LCD panels as to capture demand in the high-end smartphone market. WitsView, a division of TrendForce, estimates that this year’s global LTPS production capacity by area will stand at 9.4 million square meters, and next year’s capacity will reach 10.7 million square meters.
WitsView, a division of TrendForce, estimates that the shipments of large-size LCD panels (sized 7 inches and above) for the entire 2015 will reach 794 million units in its latest report. This figure represents a 4.1% year-on-year drop and a first-ever annual shipment decline for the LCD panel industry.