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Press Release


  • Chinese ODMs Have Rapidly Risen to Prominence as Competition for Panel Supply Becomes Critical, TrendForce Reports
    06-27-2017 / TrendForce
    This year's top four LCD TV ODMs by their target shipments in order will be TCL, TPV, Foxconn and BOE Vision-Electronic Technology (BOEVT), according to the preliminary estimation by WitsView, a division of TrendForce. The fourth-place BOEVT in particular has emerged as a major pure ODM by taking advantage of the vast panel supply provided by its group company BOE Technology (BOE). Furthermore, BOEVT will be taking on U.S.-based VIZIO as its client for the first time in the second half of this year. The collaboration between the two companies indicates that Chinese ODMs are starting to play a bigger role in the global TV supply chain. [ more ]
  • Slowdown in China Caused First-Quarter Global LCD TV Shipments to Drop by 31% Compared With Prior Quarter, Says TrendForce
    05-16-2017 / TrendForce
    WitsView, a division of TrendForce, reports shipments of LCD TV sets for the first quarter of 2017 came to 44.05 million units, a decrease of 31% from the prior quarter and a year-on-year decline of 8.4%. Poor sales results in China during the Chinese New Year holiday period was a major factor behind the year-on-year shipment drop. [ more ]
  • TrendForce Reports Global LCD TV Shipments Grew 1.6% Annually in 2016; Hisense Narrowly Beat TCL to Take Third Spot in Ranking
    02-02-2017 / Ricky Lin
    Global shipments of LCD TV sets for 2016 increased 1.6% annually to reach 219.2 million units, according to WitsView, a division of TrendForce. Shipment growth was attributed to the strong sales in North America’s distribution channels during the busy season, the increasing affordability of large-size TVs and the robust housing market in China. The top five TV brands by shipments in order are Samsung, LG Electronics (LGE), Hisense, TCL and Sony. [ more ]
  • TrendForce Forecasts LCD TV Shipments for 2017 to Expand by 2.5% Annually
    12-06-2016 / Ricky Lin
    Shipments of LCD TV sets worldwide for 2016 are estimated to grow by 1.9% annually to around 220 million units, according to the latest analysis by WitsView, a division of TrendForce. At the start of 2017, the U.S. consumer market will be bumpy in the short term due to the results of the country’s presidential election. If the U.S. Federal Reserve decides to raise the key interest rates next year, domestic consumer spending will recover and the country will again play a major role in sustaining global TV sales. WitsView forecasts that global TV shipments for 2017 will reach 225 million units, up 2.5% compared with the prior year. [ more ]
  • Peak Season Demand Expands Global LCD TV Shipments by 14.4% Sequentially in Third Quarter, Says TrendForce
    10-27-2016 / Ricky Lin
    WitsView, a division of TrendForce, reports global shipments of LCD TV sets in the third quarter of 2016 totaled around 57.15 million units, representing a sequential quarterly increase of 14.4% and a year-on-year increase of 5.8%. TV set shipments benefitted from peak season demand in the U.S. and Europe as well as festivities in China (i.e. the Mid-Autumn Festival and the National Day holidays). China’s vigorous housing market also has a positive effect on the domestic TV sales in the recent period. [ more ]
  • Rapidly Rising Panel Prices to Impact Branded LCD TV Shipments in Upcoming Peak Season, Says TrendForce
    08-04-2016 / Ricky Lin
    WitsView, a division of TrendForce, reports that the global shipments of LCD TV sets in the second quarter of 2016 totaled around 48.68 million units, up 1.2% over the prior quarter. Demand generated from sporting events (e.g. the UEFA Championship and the upcoming Olympic Games) was not effective in boosting shipments as expected earlier. At the same time, traditional or established domestic TV brands in China saw a general slide in their shipments. Hence, the global shipment result showed only a very marginal quarterly growth. [ more ]
  • Global LCD TV Shipments Fell 20.9% in First Quarter Due to Weak Demand, Says TrendForce
    04-27-2016 / Ricky Lin
    Global shipments of LCD TV sets in the first quarter of 2016 totaled about 48.32 million units, according to the latest report by WitsView, a division of TrendForce. This figure represents a 20.9% quarterly decline and also a 6.3% year-on-year drop. In addition to first quarter being the off season in the U.S. and Europe, the uncertain global economic outlook and the saturation of the Chinese TV market have put significant pressure on the overall LCD TV shipments. [ more ]
  • TrendForce Expects Mainstream Sizes of LCD TVs to Grow and 4K Penetration Rate to Rise Significantly to 23.8% This Year
    04-06-2016 / Ricky Lin
    Large-size LCD TVs are more affordable than ever and have become the main choice for first-time buyers and families looking to replace their older TV sets. The market for small-size LCD TVs on the other hand is on the wane. “As LCD TVs get larger in size, panel manufacturers in the upstream of the supply chain will capitalize on this trend and expand the size of their panel products to increase the consumption of panel capacity,” said Ricky Lin, research manager for WitsView, a division of TrendForce. [ more ]