The output value of Taiwan’s large-sized flat panels in the third quarter of this year fell 12.6 percent from the second quarter on reduced shipments and falling prices, an Industry and Technology Intelligence Service (ITIS) report said yesterday.
During the July-to-September period, the value of shipments of large-sized flat panels totaled NT$242.85 billion (US$8 billion), compared with NT$277.71 billion recorded in the second quarter, the report said.
Large-sized panels, which refer to 10-inch products or larger, are used for the production of TVs, notebook computers and desktop computers.
The decline in large-panel shipments in the third quarter was caused mainly by a fall in global demand for TVs, while back-to-school buying stabilized notebook computers and desktop computer sales, ITIS said.
The report added that the fall in TV panel prices was greater than declines in notebook computer and desktop computer prices in the third quarter.
Though shipment value declined sequentially, it was up 2.6 percent from the third quarter of last year, said ITIS, which commissioned the government-funded Industrial Technology Research Institute (工業技術研究院) to do the report.
The ITIS is a research arm of the Ministry of Economic Affairs’ industrial technology department.
The report said demand for TV panels from the US and Europe remained weak during the third quarter, and adjustments in inventories in the China market dragged down demand as well.
Shipments of small and medium-sized flat panels totaled NT$40.91 billion in the third quarter, up 16 percent from the second quarter, but down 9 percent from a year earlier.
The quarter-on-quarter output increase largely reflected rising demand for cellphones from China, the report said.
Chunghwa Picture Tubes Ltd (中華映管) and HannStar Display Corp (瀚宇彩晶) were the two major beneficiaries of the increase in cellphone demand from China, the report said.
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