According to industry sources, global LCD panel manufacturers are setting higher targets for 2021 laptop panel supplies. They expect strong demand for panels from laptop makers to continue through at least the first half of the year.
The increased demand is caused by the transition of a large number of users to a remote form of training and work.
The source notes that strong demand for laptops in the education sector has led to the fact that global laptop shipments last year grew by more than 20% and exceeded 200 million units for the first time.
Now hopes for continued growth are more related to the corporate sector. Government bailouts and ongoing 5G rollouts are expected to spur more businesses to upgrade their PC fleets, particularly homework laptops.
According to Omdia, in 2021, AUO will increase shipments of laptop panels by 17%, to 52 million units, and Innolux – by 11%, to 50 million units. BOE Technology aims to increase shipments by 6% to 60 million units, China Star Optoelectronics Technology (CSOT) – by 100% to 3.6 million units. Finally, LG Display plans to increase shipments of laptop panels by 3% to 36 million units, while Sharp will maintain shipments at last year’s level of 10 million units.
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