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LCD TV shipments to surpass 0.42 crore units

Posted: 22 Aug 2006     Print Version  Bookmark and Share

Keywords:LCD  liquid crystal display  TV panel  LCD panel  LCD component 

Stabilizing LCD panel prices will help fuel an improved market for suppliers of components used in LCD TVs starting late in Q3, according to a research note released by Wedbush Morgan Securities. The note reiterated data from a recent DisplaySearch conference projecting a strong rebound in production and shipments of LCD components in Q2 2006. LCD TV shipments in 2006 will exceed an industry consensus forecast of 0.42 crore (42 million) units to reach almost 0.47 crore (47 million), Wedbush projected.

The firm said it expects IC suppliers like Trident Microsystems and Genesis, which develops advanced semiconductors for flat-panel TVs, to benefit from increased orders and shipments. Wedbush also reported that while LCD TV prices continue to decline, monitor panel prices rose slightly the first half of August. As panel prices stabilise, OEMs are likely to place new orders for panels and LCD TV components. Suppliers should also benefit from depleting inventories that need replenishing, the report said.

The report is good news to LCD panel suppliers, several of which have scaled back production plans and lowered guidance in response to rapidly falling prices, sinking profits, and rising inventories.

- Spencer Chin
EE Times

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