Global LCD TV Panel Shipments Hit Monthly Record High in March

Reading time ( words)

Despite the inventory adjustment caused by LCD TV brands reducing their panel orders in the first quarter (Q1) of 2015, the strong demand for leading TV brands to fulfill their panel facilitation plans -- combined with a strong cross-marketing push by TV panel makers -- helped LCD TV panel shipments reach a record monthly high in March 2015. According to the latest Monthly TFT LCD Shipment Database from IHS Inc. (NYSE: IHS), the leading global source of critical information and insight, LCD TV panel shipments from global panel makers reached 23.9 million in March 2015, growing 20 percent month over month and 11 percent year over year.

Panel shipments declined seasonally in Q1 of this year, because most LCD TV modules are manufactured in China and the Chinese New Year holidays in February meant fewer working days in LCD cell fabs in Asia and LCD module lines in China. Meanwhile, as the LCD TV panel supply-demand balance shifted from tightness to oversupply, TV makers have started to reduce orders, especially for older models. However, positive year-over-year growth is still expected, especially since there was such a strong rebound for LCD TV panel shipments in March.

“Although the LCD TV panel demand has shown signs of slowing after the holidays, leading TV brands are preparing their new models for launch, so orders are not diminished,” said Yoonsung Chung, director of large area display research for IHS.  “Meanwhile, panel makers are aggressively introducing 4K resolution, wide color gamut, ultra-slim bezels and other new features, to improve panel shipment growth”

While LCD TV panel shipments reached 253 million units in 2014, panel makers are aggressively targeting 261 million units this year. “Demand will slow, beginning in the second quarter of 2015, and panel prices are already starting to fall, so TV panel shipments may face some growth challenges in the coming months,” Chung said.


Source: Monthly TFT LCD Shipment Database from IHS Inc. (NYSE: IHS)

LCD shipment growth also varied by size in March, representing a shift in LCD TV size trends. The 23.6-inch display, which is primarily available in emerging regions, shipped a record 2.1 million units. Other display sizes setting records last month were 40-inch displays (3.3 million), 43-inch displays (1.2 million), 49-inch displays (0.9 million), and 65-inch displays (0.4 million).

Led by Samsung Display and LG Display, 4K LCD TV panel shipments grew from 1.7 million in February to a record-setting 2.6 million units in March 2015. Red-green-blue-white (RGBW) pixel-layout technology, which can help reduce power consumption, is expected to rise rapidly in 2015 as the industry’s acceptance of this technology has gradually extended from the Chinese market to the global market.

The Monthly TFT LCD Shipment Database provides the latest panel shipment numbers, surveyed from all large-area panel makers. The database includes monthly shipments of all major TFT LCD suppliers, detailing revenues and average selling prices, as well as shipments by unit, display area, application, size and aspect ratio for each supplier. For information about purchasing this report, contact the sales department at IHS in the Americas at (844) 301-7334; in Europe, Middle East and Africa (EMEA) at +44 1344 328 300; or Asia-Pacific (APAC) at +604 291 3600 or

About IHS

IHS is the leading source of insight, analytics and expertise in critical areas that shape today’s business landscape. Businesses and governments in more than 150 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs about 8,800 people in 32 countries around the world.



Suggested Items

Engineers Receive $22.8 Million from DOD for Cross-Disciplinary Projects

07/19/2016 | University of Texas at Austin
Three researchers in the Cockrell School of Engineering at The University of Texas at Austin have been selected by the Department of Defense to lead Multidisciplinary University Research Initiative (MURI) projects, receiving grants totaling $22.8 million to help advance innovative technologies in energy, computing and nanoelectronics.

How a NASA Team Turned a Smartphone into a Satellite Business

02/19/2016 | NASA
Satellites aren’t small or cheap. The Solar Dynamics Observatory launched by NASA in 2010 weighs about 6,800 pounds and cost $850 million to build and put into orbit. Even the satellites built under NASA’s Discovery Program, aimed at encouraging development of low-cost spacecraft, still have price tags beyond the reach of smaller companies or research organizations.

Copyright © 2019 I-Connect007. All rights reserved.