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Major Chinese panel makers BOE Technology Group Co. (BOE), China Star Optoelectronics Technology (CSOT), and Nanjing CEC-Panda LCD Technology Co. (CEC-Panda) will begin mass production on their new Gen 8.5 fabs at the start of this year’s second quarter, according to the latest observation from WitsView, a division of TrendForce.
The latest panel price report from WitsView, a division of TrendForce, finds the prices for TV panels of mainstream sizes will hold steady in April as Chinese brand vendors are stocking up for Chinese Labor Day sales. Though panel prices are kept to a certain level, brand vendors have revised their shipment downwards and may later face inventory pressure. Therefore, the second quarter outlook after the month of May is more worrisome than upbeat.
The latest large-size panel shipment report from WitsView, a division of TrendForce, shows that the March shipments of large-size panels totaled 68.82M units. This figure represents a 17.3% increase over the prior month and a 3.4% year-on-year increase. The large-size panel market is recovering from February’s shipment slump as vendors stock up in preparation for the Chinese Labor Day sales.
The newest panel price report from WitsView, a division of TrendForce, shows the TV market outlook for the upcoming second quarter is optimistic, but there are some jitters as well. A positive indicator is that as the market enters the second quarter, new product models will be launched, and retailers are expected to stock up, initiating a wave of demands.
The newest display panel shipment report from WitsView, a division of TrendForce, states that the February shipments of large-size panels totaled 56.71M units. This a 13% drop compared with the previous month and a 1.9% drop compared with the same period of the prior year.
