Taipei--Taiwan is expected to lag behind South Korea in large-sized TV panel shipments in 2017 with suppliers in Seoul expected to benefit from orders placed by TV brands from their own conglomerates, according to Taipei-based market information advisory firm TrendForce Corp.
Citing data compiled by its panel industry research unit WitsView, TrendForce said that shipments of 75-inch TV screens worldwide for 2017 are expected to grow 114 percent from a year earlier to 1.5 million units, with South Korea accounting for about 70 percent and Taiwan 30 percent.
Currently, only four firms in the world supply 75-inch panels, two from South Korea -- Samsung Display Co. (SDC) and LG Display Co. -- and the other two from Taiwan -- Innolux Corp. (??) and AU Optronics Corp. (??).
TrendForce said that Taiwan started developing 75-inch TV panels later than South Korea, so even though Taiwanese firms have stepped up their efforts to boost production, their shipments will still trail those of their South Korean counterparts.
According to TrendFroce, global shipments of 65-inch TV panels for 2017 are expected to grow 45 percent year-on-year to 11 million units with South Korea taking about 60 percent of the market, Taiwan 40 percent and China only 2 percent.
In the first quarter, shipments of 65-inch TV panels worldwide are expected to hit 2.2 million, up 104 percent from a year earlier as Taiwan and South Korea have been focusing on efforts to supply larger TV screens, the advisory firm said.
As for 65-inch TV panels, SDC has secured large orders from Samsung group, one of the largest home appliance makers in the world, boosting overall shipments for South Korea, TrendFroce said.
China, TrendForce said, is unlikely to see its global market grow significantly until 2018, when the country's new 10.5th generation production lines become operational.
TrendForce said that with major display suppliers in the global market concentrating on larger TV panel production, the average size of TV screens in 2017 is expected to grow 7.3 percent from a year earlier.
However, in terms of unit shipments, about 256 million TV screens will be shipped in 2017, down 1.8 percent from a year earlier, TrendForce said.
The average size of TV panels on the world market in 2017 is expected to increase 2 inches from a year earlier to 45.5 inches, TrendForce said.
Source: Focus Taiwan News Channel