Santa Clara, Calif. - Shipments to manufacturers of large-area (9.1 inches and larger) TFT LCDs hit a record high in the second quarter, with 170 million units moving through the supply chain, according to research by DisplaySearch.

The 170 million mark, 9 percent higher than last quarter and up 31 percent year over year, produced revenues of $22.9 billion, the second-highest quarter on record.

According to DisplaySearch's latest Quarterly Large Area TFT LCD Shipment and Forecast Report, panel makers are aiming to continue shipment growth in the second half of the year despite the recent drop in panel prices and supply-chain inventory adjustments.

  "The TFT LCD industry reached new heights in Q2 2010, with shipments reaching new heights and suppliers producing at full capacity thanks to strong purchasing and inventory preparation by downstream customers," noted David Hsieh, VP, greater China market, DisplaySearch. "Despite this, over-optimism throughout the supply chain in Q2 is causing adjustments in Q3 as panel prices have fallen amid cuts in panel orders and unclear demand forecasts."

  DisplaySearch said 9.7-inch iPad panel shipments were 2.8 million in Q2, and continue to be in tight supply.

Growth in LCD monitor panel shipments, which started to slide in June, was the smallest among the three major TFT LCD applications.

Shipment of panels for notebook PCs, including mini notebook and tablet PCs, was the strongest, with 15 percent growth quarter over quarter. Meanwhile, panels for LCD TVs, including 26-inch and smaller LCD monitor panels used for TVs, reached 55 million units, also a record.
Release Date: 
2010-08-11 14:02:35
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Abstract Web: 
Santa Clara, Calif. - Shipments to manufacturers of large-area (9.1 inches and larger) TFT LCDs hit a record high in the second quarter, with 170 million units moving through the supply chain, according to research by DisplaySearch.
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