Taipei, Taiwan — 4K LCD TV panel shipments continue to rise, driven by forces on both the supply side and the demand side, according to new data from IHS.
Shipments of 4K TV panels in April exceeded 3 million units for the first time, comprising 14 percent of all TV panels shipped globally during the month, according to the IHS monthly TFT LCD shipment database. Of all TV panels forecast to ship in 2016, one in five is forecast to be 4K, a reflection of improved production efficiency by panel makers, IHS said.
“Prices for 4K TV panels continued to decline in 2014 and early this year, causing a rise in their adoption,” said Linda Lin, senior analyst, IHS Technology. “Most global TV brands have now launched 4K UHD products and are introducing more 4K models to their television offerings.”
Commenting on the manufacturing market, Lin said: “While panel makers in Taiwan initially developed and stimulated 4K TV panel production, South Korean panel makers are now leading the 4K TV panel market. In fact, LG Display and Samsung Display have risen to become the largest global manufacturers of 4K displays.”
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