As Samsung Display (SDC) has decided to extend its Gen 8.5 LCD factory in Korea, and Tier 2 panel suppliers are still reluctant to move their manufacturing capacity from TV to computer panels, TrendForce analysts expect total shipments TV panels this year will remain at about last year’s level. In total, 269 million units will be shipped in a year.
At the same time, suppliers will continue to focus on large panels. In particular, this is due to the fact that the constant rise in prices for TV panels leads to a decrease in the profitability of TVs. The effect is most noticeable on models with small screens, and as the diagonal increases, it weakens. As a consequence, TV brands are gravitating towards more profitable large-screen TVs. Therefore, TrendForce expects the average TV panel size to grow 1.6 inches this year to close to 50 inches.
Analysts are confident that BOE will remain the market leader. CSOT will move up to the second place from the third, HKC – to the third from the fourth. Together, these three Chinese companies will account for more than half of all TV panels manufactured in the world in 2021.
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