Chinese firms are in 2015 expected to produce 24.5 percent of the total share of global LCD panels used in PCs and TVs from fifth-generation (5G), or more advanced, factories.
TrendForce Corp (集邦科技) has forecast a big jump for China up from its 13.8 percent share this year, amid the country’s persistent capacity expansion.
China would catch up with Taiwan, which would see its global share slip to 28.1 percent from this year’s 32.1 percent, according to WitsView, a LCD research team of Trendforce.
South Korea was likely to see its market share drop to 39.4 percent in 2015, from this year’s 45 percent, WitsView said.
In China, three 8.5-generation production lines are expected to start operating next year. Production from Samsung Display Corp, BOE Technology Group Co (京東方) and LG Display Co is expected to help boost capacity in China for PC and TV screens by 3.8 percent annually to 202.2 million square meters, WitsView predicted.
“China’s capacity expansion will have significant impact on smaller Taiwanese companies in the LCD supply chain because of weak growth on the demand side,” WitsView analyst Boyce Fan (范博毓) said in a report released on Monday. “Furthermore, companies with LCD plants in China will have a pricing advantage, if China decides to raise import tariffs.”
Taiwanese LCD panel makers do not operate any 5G factories in China at the moment and are expected to see their 5G capacities shrink by 2.1 percent to 194.9 million square meters this year from last year, Fan said.
Taiwan’s AU Optronics Corp (AUO, 友達光電) and Innolux Corp (群創光電) do not have plans to expand their capacity as they intend to primarily spend capital on developing new technologies for higher-definition displays and touch panels.
Luxury hotel Mandarin Oriental Taipei (文華東方酒店) plans to reopen its guestrooms in December to take advantage of a boom in domestic travel. The reopening would come six months after the five-star facility suspended room operations to cut costs as countries across the region impose border controls to contain the COVID-19 pandemic, diminishing demand for business travel. “We are delighted to share that Mandarin Oriental Taipei will resume room operations on December 1,” the hotel said in a statement yesterday. The hotel in Songshan District (松山) said it would adopt stringent health and safety practices to ensure the well-being of its guests and employees. It
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When the COVID-19 pandemic shut down bars and concert halls in the US in March, a new phenomenon was born: the vacation-rental nightclub. Professional party promoters started scanning Airbnb, Vrbo and other short-term rental sites for mansions and luxury condos for hire. Tickets were going for US$90 on Eventbrite and TikTok for soirees with bottle service and DJs. “People were looking to escape from their own homes and came into our tiny neighborhood to party all day, every day,” said Kristen Robinson Doe, a resident of a quiet suburban Dallas neighborhood, where a party pad was being rented out for more than
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