LG Display to invest $1 billion in Vietnam OLED plant
November 18, 2024
With the new investment, LG Display wants to ramp up OLED panel output after selling its LCD factory in China for USD 1.5 billion.
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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.
Global TV shipments grow by 0.8% in 1H24
August 27, 2024
TrendForce’s latest investigations reveal that branded TV shipments in 1H24 reached 90.717 million units globally, representing a YoY increase of 0.8%.
Global TV shipments fall below 197M units for the first time in 2023
November 29, 2023
TrendForce’s latest research indicates that despite a decrease in the CPI in Europe and the US this year, consumer budgets are still constrained due to the current high-interest-rate environment, and the real estate bubble in China has suppressed TV demand.
TCL Technology closes semiconductor division
November 24, 2023
China's electronics conglomerate TCL is reported to have dissolved its Moxing Semiconductor joint venture.
Rumour: Noctiluca to supply components to Apple?
July 21, 2023
Poland's Noctiluca has revealed that it has signed an Evaluation License Agreement with an unnamed Californian consumer electronics manufacturer. The Polish media believes the customer is Apple.
Surge in panel prices spurs brands to stock up early
June 27, 2023
TrendForce’s latest forecast predicts global TV shipments for 2Q23 will reach 46.63 million units – a 7.5% increase QoQ, a 2% growth YoY.
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.
Global TV shipments are projected to drop by 3.9% YoY
December 22, 2022
TrendForce’s latest research finds that TV brands’ promotional activities related to China’s Singles’ Day were helped by the steep decline in display panel prices.
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.
TV shipments estimated to reach 217 million units in 2022
January 25, 2022
The shipment performance of TV brands in 1H21 benefited from COVID-19 economic relief funds in the U.S., driving a continuing boom in North American shipments, according to TrendForce’s investigations.
QLED/OLED TV shipment projected to break records this year
June 30, 2021
Continued price hikes of TV panels, as well as a simultaneous shortage and price hike of semiconductor components required for manufacturing TV sets have forced TV brands in 2021 to reduce the shipment of their mid- and small-sized TVs in favor of the more profitable large-sized, mid- to high-end TVs instead, according to TrendForce.
Mini LED backlight TV shipment to reach 3M units in 2021
May 20, 2021
For the past two years, brands such as Samsung, LG, TCL, and Xiaomi have successively released their own Mini LED backlight TVs, which are expected to reach a yearly shipment of about 2.6-3 million units in 2021 because Korean brands have successfully trailblazed the high-end market, and because Chinese brands have also been ramping up shipment via highly cost-effective models, according to TrendForce’s latest investigations.
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.
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.
Strong demand in 3Q20 results in highest single-quarter global TV shipments
October 08, 2020
Owing to a 20% increase in TV demand in North America, as well as the fact that TV brands had deferred their shipment schedules in 1H20 due to the COVID-19 pandemic, the effects of the third-quarter cyclical upturn were further compounded in 3Q20, 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.
TCL Electronics to increase its stake in SEMP TCL to 80%
June 15, 2020
Chinese manufacturer, TCL Electronics, says that will spend a maximum price of BRL 325 million (USD 64.32 million) to double its stake in the Brazil-based joint venture SEMP TCL to 80% via its subsidiary TCL NL.
Global smartphone shipments fall - again - in 2Q/2019
August 07, 2019
The bad news for the global smartphone market is that global shipments fell in the second quarter, marking seven consecutive quarters of year-over-year declines.
Impending tariffs cast a shadow on TV market development
June 04, 2019
As worries spring up in the market about whether the 25% tariff arising from the US-China trade war would impact TV markets, US President Trump has further announced on May 30 that he plans to levy a 5% tariff on Mexico's imports to the US on June 10 due to illegal immigrant issues.
US-China trade war escalates - notebook PC markets at risk
May 14, 2019
May 10th sees the US-China trade dispute escalating - yet again - as the US continues to hike tariffs on USD 200 billion worth of Chinese imports, going from 10% to 25%.
Top 3 China panel suppliers surpass 40% in 1Q market share
May 07, 2019
According to the TV panel shipment report for 1Q19 by WitsView, a division of TrendForce, total shipments have reached 70.02 million units, a YoY growth of 4.2%.
China accounted for 7 of top 10 leading smartphone suppliers in 2017
June 29, 2018
IC Insights shows a final 2017 ranking of the top smartphone leaders in terms of unit shipments; 9 of the top 12 smartphone suppliers were headquartered in China. Two South Korean companies (Samsung and LG) and one U.S. supplier (Apple) make up the remainder.
TCL’s panel manufacturer CSOT starts production of high-gen panel modules
June 15, 2018
TCL-owned Shenzhen China Star Optoelectronics Technology Co., Ltd (CSOT), a panel supplier, has commenced production of its high generation panel modules.
SV TCL to be acquired by Nidec-Read Corporation
August 21, 2017
Japanese Nidec-Read has signed a conditional sales and purchase agreement Ellipsiz Ltd – the parent company of SV Probe Pte Ltd (SV TCL) – to acquire 100% of the shares in in SV Probe Pte Ltd.
1Q Global LCD TV shipments to grop by 31% QoQ
May 18, 2017
Shipments of LCD TV sets for the first quarter of 2017 came to 44.05 million units, a decrease of 31 percent from the prior quarter and a year-on-year decline of 8.4 percent.
Hisense narrowly beat TCL to take third spot in ranking
February 03, 2017
Global shipments of LCD TV sets for 2016 increased 1.6 percent annually to reach 219.2 million units, according to WitsView, a division of TrendForce.
88 Million dollar in financing Kateeva
May 20, 2016
Kateeva today announced that it has closed its Series E funding round with $88 million in new financing.
Kyocera begins production of floating solar power plant
January 21, 2016
Kyocera TCL Solar LLC has started construction of the 13.7 megawatt (MW) floating solar power plant on the Yamakura Dam reservoir, managed by the Public Enterprises Agency of Chiba Prefecture in Japan for industrial water services.
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