Global shipments of liquid-crystal-display (LCD) panels used in televisions and computers hit a 12-month high last month driven by a strong rebound in TV demand, sending another positive message about the industry’s recovery, market researcher DisplaySearch said in its latest report released yesterday.
DisplaySearch forecast that shipments would increase again this month, and that the panel supply situation would continue to tighten this month and next, which would result in higher revenues for panel makers.
Last month, shipments of LCD TV and PC panels increased 4 percent to 43.3 million units, from 41.6 million a year ago, after the industry hit the bottom in February, the researcher’s report showed.
TV panel shipments grew the fastest, by an annual rate of 43 percent, to 12.2 million units last month, DisplaySearch said.
“May results are encouraging for panel makers as they reflect a healthy recovery in demand,” said David Hsieh (謝勤益), a vice president of DisplaySearch. “Considering the current end-market demand and limited supply of glass substrates, as well as the low panel inventories, we expect that shortage conditions will continue.”
Revenues from TV and PC panels, however, declined 35 percent to US$4.7 billion last month from a year earlier, DisplaySearch said.
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