Contraction in global shipments of large display panels will continue throughout this month due to the industry’s traditionally slow season and inventory adjustment for tablets, according to a local research firm.
Large panel shipments are predicted to drop over the month by 10 percent to 11 percent, with television, monitor, laptop and tablet panels respectively declining 10 percent, 14 percent, 11 percent and 10 percent, WitsView said in a research note.
Last month, 73.71 million large-sized panels were shipped, down 3.6 percent from the 76.47 million units in November.
Tablet panels showed the sharpest monthly decline last month with a 11.5 percent drop, said WitsView, the panel research division of market intelligence provider TrendForce Corp (集邦科技).
In the tablet market, only demand for iPad panels remained stable, while white-box brands and others began inventory adjustment, WitsView said.
However, even market leader Apple Inc is reportedly planning to make adjustments to iPad panels, the research firm said.
Overall, tablet panel demand has remained weak into the first quarter of this year on seasonal effects but also because new models from several brands are not expected to hit the market until the second quarter, it said.
Meanwhile, LCD TV panel shipments came to 19.73 million units last month, a 1 percent rise from the previous month, while monitor panels were affected by inventory adjustments, with total shipments showing a sequential decline of 2 percent to 13.68 million units last month, WitsView said.