Large-Area TFT LCD Shipments Grow by 42% Q2’09 to a Record 130M

Fri, 08/07/2009 - 6:07am

Results of the DisplaySearch large-area (10” and larger) TFT LCD survey for Q2'09, as reported in its Quarterly Large-Area TFT LCD Shipment Report, indicate that shipments reached 130 million units, strong growth of 42% Q/Q and 10% Y/Y. Due to the increase in prices, large-area TFT LCD revenues grew 51% Q/Q, but were still down 29% Y/Y, to $15 billion. Strong market demand in Q2’09 led to a recovery in capacity utilization across all applications.

DisplaySearch also revealed details of its survey of panel makers’ shipment targets for Q3’09 through Q2’10. Panel makers are increasing capacity utilization to respond to growing demand and targeting Q3’09 shipments of large-area TFT LCD panels of 152.8 million, up 18% from Q2’09. If panel makers reach their unit shipment targets, revenue growth is expected to be 32% Q/Q.

In Q2’09, Samsung Electronics led in large-area TFT LCD panel revenues, with sales of $4.2 billion, a 27.8% revenue share, according to DisplaySearch findings. LG Display was second, with $3.7 billion in revenues and a 25% sales share. AUO was third at $2.3 billion with a 15.7% share, with CMO closely behind at 15.3% share.

In Q2’09, LG Display took first place in unit shipments, but Samsung shipped the most by area. On a unit basis, Korea was the largest supplier of large-area TFT LCD panels in Q2’09 with a 49.8% share, but was down from 52.2% in Q1’09 due to strong shipment growth of Taiwanese panel suppliers. Taiwan’s share increased from 38.4% in Q1’09 to 41.2% in Q2’09.

According to David Hsieh, Vice President of DisplaySearch, “We are forecasting that industry utilization will be 87% in Q3’09 due to growing orders. In Q2’09 the industry experienced a strong recovery, and shipments reached record highs. We expect that strong demand will push panel shipments to another record high in Q3’09. However, strong panel shipments in some cases are due to downstream players piling up inventory, so we believe it will be necessary to watch the supply chain inventory situation closely at the end of Q3’09.”

Most Popular on


Share this Story

You may login with either your assigned username or your e-mail address.
The password field is case sensitive.