LG Display’s Guangzhou LCD plant officially transferred to CSOT April 03, 2025 LG Display’s Guangzhou Gen 8.5 LCD line has officially transferred to CSOT and been renamed “T11”. CSOT will now own two Gen 6, four Gen 8.5, one Gen 8.6, and two Gen 10.5 LCD production lines with this acquisition.
TCL to acquire LG Display’s Guangzhou plant October 01, 2024 TCL Group announced on September 26th its plans to acquire 80% equity in LG Display’s 8.5-generation LCD panel plant in Guangzhou (including 10% previously held by Shenzhen Skyworth) and 100% equity of the module factory through its subsidiary, CSOT.
LG Display sells China LCD plant for $1.5 billion September 27, 2024 According to a regulatory filing, LG Display will hand over all of its stake in the plant to China Star Optoelectronics Technology, a subsidiary of Chinese home appliance giant TCL, on March 31, 2025.
2024 Apple iPad Pro estimated to ship Between 4.5 to 5M units May 09, 2024 Apple’s recent product launch in May introduced a lineup of new tablets featuring advanced AMOLED screens. Notably, the Pro version boasts a dual-layer tandem structure designed to address the longstanding challenges of screen burn-in and lifespan that are common with AMOLED displays. The absence of a backlight module has facilitated the thinnest tables to date, Says TrendForce.
Runjing Chemical buys two Chinese plants April 19, 2024 Runjing Chemical, a manufacturer of Tetramethylammonium hydroxide based products, is set to take over Sumitomo Chemical's two Chinese facilities. Sumitomo's Hefei and Chongqing plants will now become wholly-owned subsidiaries of Runjing.
Manufacturers from China have increased their dominance September 29, 2023 At least in the in the auto display market. Omdia reports that Chinese companies have emerged as the top suppliers in the automotive display market in the first half of 2023, holding a market share of 45.3%.
OLED materials projected to reach a valuation of $3B in 2025 April 12, 2023 TrendForce’s latest report, “AMOLED Technology and Market Status”, reveals that OLED, the next generation of digital displays, has not only taken hold of the smartphone market but is also beginning to make its move into other applications.
Foldable smartphones will drive up market value for hinges January 16, 2023 Annual global shipments of foldable smartphones are projected to climb from around 12.8 million units for 2022 to around 18.5 million units for 2023, says TrendForce in its latest report on the market for OLED displays.
Shipments of TV panels are projected to drop by 2.8% YoY for 2023 January 13, 2023 The ongoing Russia-Ukraine military conflict and high inflation will continue to affect the global economy and politics during 2023.
Ennostar and PlayNitride join forces to develop micro LED November 14, 2022 Ennostar’s subsidiary Epistar and PlayNitride’s wholly-owned subsidiary PlayNitride Display have announced that they have teamed up to build a production line for 6-inch Micro LED epi-wafers.
BOE becomes largest shareholder in HC Semitek November 08, 2022 BOE has become the largest shareholder in HC Semitek following a RMB 2.1 billion (EUR 289.5 million) capital investment deal, and they are now in a partnership with respect to the development of Micro/Mini LED businesses.
OLED mobile phone panel penetration rate estimated to exceed 50% in 2023 September 21, 2022 According to the latest TrendForce research report, the proportion of OLED in the mobile phone market is expected to exceed 50% in 2023, up from 42% in 2021.
Market penetration rate of OLED folding phones to reach 1.1% in 2022 August 25, 2022 According to TrendForce, as technology and materials evolve, the penetration rate of OLED folding mobile phones is estimated to reach 1.1% in 2022.
Trendforce: Panel makers forced to reduce utilisation July 28, 2022 Moving into 2H22, terminal brands continue to adjust their inventory, not only weakening panel demand, but also inducing a sustained drop in panel quotations.
LCD TV panel prices fall to new low June 10, 2022 According to TrendForce, LCD TV panel quotations bore the brunt of continuous downgrades in the purchase volume of TV brands and pricing for most panel sizes have fallen to record lows.
E-sports LCD monitor shipments to reach 26.1M units in 2022 March 31, 2022 Growth momentum for shipments of e-sports LCD monitors (defined as refresh rates above 100Hz) will slow down in 2022. In addition to long lead times, the most significant variable remains the impact of the Russian-Ukrainian war, says TrendForce.
OLED panels to penetrate TV panel market by 3% in 2021 August 05, 2021 Thanks to TV manufacturers’ aggressive procurement activities, global TV panel shipment for 1H21 reached 135.2 million pieces, a 3.5% YoY increase, according to TrendForce’s latest investigations.
High-end notebook panels to surpass 20% market share in 2022 July 27, 2021 The massive rise in market demand for notebook computers in response to distance learning needs and WFH applications from 2020 to 2021 has generated not only a double-digit growth in notebook panel shipment, but also a price hike of more than 40% for notebook panels, according to TrendForce’s latest investigations.
Glut ratio of panels likely to rise to 2.6% in 2H21 June 28, 2021 In view of aggressive procurement activities for panels used in various applications, TrendForce forecasts a 2% glut ratio for the large-sized TFT-LCD panel market for 2021, representing a supply and demand situation that ranges from “healthy” to “slightly in shortage”.
Chinese suppliers take top spots in TV panel shipment ranking April 09, 2021 As Samsung Display (SDC) decided to extend the manufacturing operations of its Korea-based Gen 8.5 LCD fab, and tier-two panel suppliers are still slow to reassign their production capacities from TV panels to IT panels, TrendForce expects total TV panel shipment for 2021 to reach 269 million units, which is relatively unchanged compared to 2020 levels.
Mini LED chip revenue likely to reach USD 270M in 2021 January 25, 2021 As various TV manufacturers such as Samsung, LG, and TCL announced their new models equipped with Mini LED backlights at CES 2021, TrendForce's investigations shows that total Mini LED chip revenue from Mini LED backlight TVs to potentially reach USD 270 million in 2021, as manufacturers gradually overcome technological bottlenecks and lower their overall manufacturing costs.
Limited IC supply to bottleneck monitor panel shipments January 15, 2021 The stay-at-home economy generated by the COVID-19 pandemic has resulted in persistent demand for IT products such as monitors, says TrendForce.
Micro LED chip revenue expected to reach $2.3B in 2024 November 13, 2020 Since the introduction of Sony’s large-sized modular Micro LED display in 2017, other companies, including Samsung and LG, have successively made advances in Micro LED development, in turn generating much buzz for the technology’s potential in the large-sized display market, according to TrendForce's latest investigations.
Chinese panel makers expected to occupy more than 50% share in monitor panel market in 2021 October 15, 2020 Chinese manufacturers are expected to raise their market share from 39% this year to 52% next year in the monitor panel market, and 36% to 39% in the notebook panel market, according to TrendForce’s preliminary shipment forecast of panel makers for 2021.
BOE to control 28% of global large-sized display panel capacity in 2021 September 25, 2020 After a period of back-and-forth negotiations, the sale of CEC Panda has finally materialised, as BOE formally announced on September 23 its plan to acquire an 80.831% share in CEC Panda’s Nanjing-based Gen 8.5 fab and 51% share in CEC Panda’s Chengdu-based Gen 8.6+ fab, according to TrendForce’s latest investigations.
BOE takes the lead as Chinese panel manufacturers expand on the market August 05, 2020 BOE and CSOT strategically adjusted their Gen 8.5 production lines by shifting some production capacities from TV panels to monitor panels instead, according to TrendForce’s latest investigations.
China steps up pace of Mini/Micro LED commercialisation July 20, 2020 By 2024, the global Mini/Micro LED market is projected to reach US$4.2 billion in revenue. The positive outlook of the Mini/Micro LED industry has attracted many investors.
Curved monitor shipment projected to exceed 12M units in 2020 July 17, 2020 Owing to excellent sales performances of curved gaming monitors and Samsung’s aggressive promotional push, curved monitor shipment is projected to reach 12.86 million units in 2020, a 24% increase YoY, according to TrendForce’s latest investigations.
As Samsung Display exits the LCD market a major reshuffle is expected April 02, 2020 According to the latest investigations by the WitsView research division of TrendForce, the oversupply of TV panels in 2019 resulted in a major price drop. As such, panel manufacturers hoped to utilise their excess capacity in 2020 through increasing their production of monitor panels, with Samsung Display (SDC) having the most extensive plans.
LCD TV panel shipments forecasted to decrease December 23, 2019 For the first time since 2011, worldwide LCD TV panel shipments are expected to decline in 2020, falling by 7 percent to total 265 million
TV panel makers began to massively reduce capacities in Sep. October 07, 2019 TrendForce's latest survey showed that TV panel prices generally have been lower than the cash costs. Thus, panel makers' loss of money has continually expanded.
TV panel prices plunge in June, no signs of stopping in July July 05, 2019 Although the US-China trade dispute reached a ceasefire after the Trump-Xi meeting at G20, TV brands have been engaging in preemptive stocking in 2Q due to fears of a 25% tariff to be placed into effect in 3Q as well as Samsung Display's (SDC) original decision to shut down their Gen 8.5 L8-1-1 plant. This caused TV panel prices to plunge in June to an unforeseeable extent.