LCD TV shipments in 2014 were above expectations with a total of 215 million units shipped and an annual growth of 5.4%, according to WitsView, a division of TrendForce. WitsView’s Research Manager KK Chang listed several factors behind the bustling LCD TV market in 2014.
Due to shortages of panels in the mainstream size categories and rising panel prices, the worldwide LCD monitor shipments in 2014 totaled 133.6 million units (AIO products excluded), a year-on-year decline of 6.6%, according to WitsView, a research division of TrendForce.
TrendForce Corp., a global market intelligence firm, announced today (January 22) that it has become the majority shareholder of Topology Research Institute, with all the controlling stakeholder’s operating rights entailed. Kevin Lin, the CEO of TrendForce, will also hold the title of Chairman of Topology. Topology’s operations, brand, and managing staff will be under the same business model after the merger.
The panel price for each panel application has been constant for January 2015, akin to last month’s market environment, according to the newest price report by WitsView, a research division of TrendForce. The prices for IT panels are weak relative to prices for TV panels, which temporarily remain constant.
WitsView, a research division of TrendForce, reports that BOE and CSOT led the pack in shipments for large-size LCD panels for Dec. 2014, with each having about 5% increase compared to last month’s performance. Winnie Chen, Assistant Research for WitsView, stated that BOE has been very proactive in developing its IT market since 2014.
