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DRAM prices have fallen throughout this year due to weak demand and oversupply, with decline in PC DRAM prices being the most significant. The latest analysis from DRAMeXchange, a division of TrendForce, finds that the overall production capacity has not increased significantly under the current oligopoly in the DRAM market.
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 U.S. House of Representatives passed an amendment to extend the solar Investment Tax Credit (ITC) on December 16. The extension, which is part of a tax and spending package, is now being moved to the Senate for consideration and is very likely to win final approval. The tax credit rate under the ITC was originally to be scaled back from 30% to 10% at the end of 2016 (December 31).
Since 2014, global smartphone shipments have declined annually after enjoying a long period of high growth that began with the launch of the first iPhone. The latest analysis from global research firm TrendForce projects that smartphone shipments for 2016 will grow by just 7.3% year on year. This forecast may be subjected to downward corrections later.