Hon Hai Precision Industry Co (鴻海) plans to sell its new 70-inch full-high-definition LCD TVs at the Taiwan Display trade fair next week, the show’s co-organizer said yesterday.
The 70-inch TV is expected to be priced at NT$38,500 (US$1.290), which is NT$5,000 higher than Hon Hai’s 60-inch LCD TV, according to the Photonics Industry and Technology Development Association (PIDA).
The company will also showcase its first ultra-high-definition, or 4K2K, 70-inch TVs, equipped with screens made by the world’s only 10th-generation (10G) LCD plant, which is co-owned by Sharp Corp and Hon Hai chairman Terry Gou (郭台銘), PIDA said.
Ultra-HD screens deliver four-times higher resolution per pixel than full-HD screens.
“This is the first time Hon Hai’s is joining the show. Hon Hai wants as much media exposure as it can get to promote its products,” PIDA analyst Murphy Lin (林穎毅) said on the sidelines of a press conference.
In addition, large-screen touch panels for computers will be exhibited during the display show, PIDA said.
A total of 119 companies are set to showcase their products during the three-day display show starting on Tuesday, down from 204 exhibitors last year and 231 companies in 2011.
The nation’s major LCD panel manufactures, including Innolux Corp (群創光電), AU Optronics Corp (AUO, 友達光電) and Chunghwa Picture Tubes Ltd (中華映管), will be absent from the show.
Overall, Taiwanese LCD companies are expected to increase their revenue by 3 percent this year to NT$1.66 trillion from a year ago, PIDA forecast.
Meanwhile, China Video Industry Association vice president and secretary-general Bai Weimin (白為民) is to visit Taiwan next week to announce flat-panel procurements from local manufacturers worth between US$4.5 billion and US$4.6 billion, said Kang Yih-jyh (康益智), an executive director of Taiwan External Trade Development Council (TAITRA, 外貿協會), one of the event’s organizers.
Pai said earlier this year that Chinese TV makers would buy less LCD panels from Taiwanese suppliers and instead opt for Chinese panel makers, who were expanding their capacities.
Last year, Chinese TV makers, including TCL and Hisense (海信), bought 52.71 million units of LCD TV panels, up 37.5 percent from that of 2011, according to WitsView, a LCD industry team of TrendForce Corp (集邦科技).
The nation’s two biggest flat-panel makers, Innolux and AUO, seized a combined 46.2 percent share of China’s TV panel market last year.
South Korean Samsung Electronics Co and LG Display Co made up 30 percent of the market, while Chinese panel maker China Star Optoelectronics Technology Co (華星光電) grabbed an 11 percent share last year, WitsView reported.