The latest photovoltaic (PV) price update by EnergyTrend, a division of TrendForce, shows the downstream sector of the industry has been seeing brisk orders since the start of June. Stock up demands for this month also starts to pick up following this turnaround.
The shipments of LCD TV panels in May totaled 22.72M units, a 4% increase over the previous month and a 9% year-on-year increase, according to latest report from WitsView, a division of TrendForce. However, 4K panel shipments had a 2% monthly decline, from April’s 3.1M units to 3M in May. As a result, the market penetration of 4K panels also saw a slight drop from April’s 14.4% to May’s 13.6%.
