In 3Q10, the global large-sized panel shipments dropped by 4.6% QoQ to 15.6 million units. It posted the first QoQ decline after the shipment growth for five straight quaters, which mainly attributed to the fact that downstream customers restocked early in 2Q10 under the expectation of the possibly tight supply in panels in 3Q10, according to WitsView.
LEDinside: Dramatic demand decline pulls down the LED price in Q310, down pressure expected to exist in Q4
According to the latest survey by WitsView, a research division of TrendForce, the average street price of LCD monitor added by 2.2% QoQ to USD201 in 3Q10, which reflected that the prices rose instead of decreasing during the traditional back-to-school hot season. Due to the slow season in 2Q10, coupled by the Europe debt crisis, end-market demand for IT products shrank rapidly.
According to the latest survey by WitsView, the research division of TrendForce, large-sized panel shipments increased by 3% MoM to 53.34 million units. Under the expectation of imbalance supply and demand, downstream vendors restocked early in preparation in 2Q10, leading to the continued growing inventory level in slow season. As a result, panel prices extended the downtrend in 3Q10.
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