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Press Release


  • Foxconn Takes the Lead in Moving LCD Production to North America and Spearheads the Integration of Region’s Consumer Electronics Chain, Says TrendForce
    07-27-2017 / TrendForce
    Foxconn on July 26 announced the initiation of its “Flying Eagle Project” in North America and a US$10 billion investment to build a Gen-10.5 LCD panel fab in Wisconsin. According to WitsView, a division of TrendForce, this proposed plant will be mainly producing panels of 8K resolution. Display technologies behind 8K resolution are well developed and have existed for a while. Nonetheless, Foxconn’s Wisconsin plant represents the first-ever attempt to build LCD manufacturing capacity in North America. As LCD technology matures, having an integrated supply chain for its end products near or within the key regional markets will be crucial to the competitiveness of panel suppliers and consumer electronics brands. [ more ]
  • TrendForce Reports Average Size of TV Panels Grew to 44.7 Inches in Second Half of 2017; TV Brands Shift Their Demand to Larger Size Segments Due to Cost Pressure
    07-25-2017 / Iris Hu
    The latest research by WitsView, a division of TrendForce, finds the global shipments of LCD TV panels totaled 123.35 million units for the first half of 2017, amounting to a tiny dip of 0.1% compared with the same period a year ago. Since Samsung Display (SDC) closed its Gen-7 fab L7-1 at the end of 2016, TV brands since the first quarter have been vigilant against the supply tightening in the mid-size segments and kept stocking up. Their demand was strong enough to offset the traditional seasonal effect during the year’s first half. [ more ]
  • 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 ]
  • 4K Penetration Surpassed 30% for First Time in 1Q17 LCD TV Panel Shipments, Says TrendForce
    04-24-2017 / Iris Hu
    WitsView, a division of TrendForce, reports LCD TV panel shipments for this first quarter totaled 60.16 million units, representing a drop of 10.7% compared with the prior quarter but also a year-on-year increase of 0.4%. Looking at major trends in the TV panel market, the growing demand for 4K resolution is accompanying the steady increase in the average panel size. Despite seasonal headwinds, first-quarter shipments of UHD (4K resolution) TV panels went up 0.5% sequentially to reach 20 million units for the first time ever and accounted for 33.3% of the total TV panel shipments. [ more ]
  • TrendForce’s TV Panel Shipments Ranking for 2016 Shows LGD Retained First Place While BOE Displaced Innolux to Take Third
    01-24-2017 / Iris Hu
    Global shipments of LCD TV panels for 2016 fell 3.5% from the prior year to around 260.4 million units, according to the latest report by WitsView, a division of TrendForce. Major panel makers expanded their Gen-8.5 production capacity during 2016 in response to the rising demand for larger TV panels. The increased production in the large-size segments helped consume the overall panel capacity and increased the average size of TV panels by 2.2 inches to 43.6 inches. Shipments of TV panels by area therefore actually increased by 6.5% annually. WitsView expects the average size of TV panels to increase again in 2017. [ more ]
  • LCD TV Panel Shipments Fell Just 0.9% Monthly in November as Chinese New Year Takes Over as Main Demand Driver
    12-22-2016 / Iris Hu
    WitsView, a division of TrendForce, reports that global shipments of LCD panels for TVs totaled 22.79 million units in November, representing a slight decrease of 0.9% compared with October. Even though the stock-up demand related the North American holiday season and Singles’ Day in China receded during November, TV panel shipments remained strong as branded TV makers continued to replenish their inventories for the upcoming Chinese New Year sales. [ more ]
  • TrendForce Reports Large-Size LCD Panel Shipments Grew 9.3% Monthly in August Ahead of Peak Season
    09-22-2016 / Iris Hu
    WitsView, a division of TrendForce, reports that large-size LCD panel shipments for this August reached 68.84 million units, representing a monthly increase of 9.3%. The growth was attributed to TV and IT brands stocking up for the upcoming promotional sales events. A comparison of results by panel applications also show that tablet panels registered the largest monthly shipment increase at 25%. [ more ]
  • Commercialization of Micro-LED Could Consume 50% of Current Global LED Capacity, Says TrendForce
    09-14-2016 / Philip Chang
    Micro-LED is regarded as a promising next-generation display technology that is being quietly developed by major brand companies in various industries. According to LEDinside, a division of TrendForce, displays for wearable devices and large indoor public displays are two applications that offer micro-LED the quickest paths to commercialization. [ more ]