Innolux ranks as 2nd largest TV panel supplier in world

Taipei--Innolux Corp. (??), one of the leading flat panel makers in Taiwan, ranked as the second largest TV screen supplier in the world in February, according to market information advisory firm TrendForce Corp.

Citing data compiled by flat panel research unit WitsView, TrendForce said that Innolux shipped a total of 3.13 million TV screens in February, only trailing South Korea's LG Display Co., whose shipments totaled 3.85 million units.

The data showed that Innolux appeared resilient among the major TV panel suppliers. Its shipments fell only 1.9 percent from a month earlier in February due to solid demand for 65-inch screens from Samsung Electronics Co. and 23.6-inch screens from emerging economies.

Innolux' good ranking was partly due to LG Display suffering a 10.1 percent month-on-month decline in TV panel shipments in February, due to the reduced number of working days in the month, which prompted the South Korean firm to postpone delivery to March, TrendForce said.

China's BOE Technology Group (???) came in third after shipping 2.93 million TV panels in February, down 6.2 percent from a month earlier since the manufacturer adjusted it product portfolio to push down 32-inch TV panel shipments by 10 percent, TrendForce added.

But the advisory firm said that BOE's combined shipments of 48-inch and 49-inch panels grew 9.4 percent month-on-month in February.

China Star Optoelectronics Technology Co. (????) took the fourth place by shipping 2.8 million TV panels in February, down 7.8 percent from a month earlier due to fewer working days, TrendForce said.

Samsung Display Co. (SDC) of South Korea came in fifth with 2.72 million units shipped in February, down 5.5 percent from a month earlier after the manufacturer shut down a production line at the end of last year, according to TrendForce.

However, TrendForce said, SDC has devoted its efforts to develop ultra high-definition TV screens in a bid to make up the loss resulting from the closed production line.

AU Optronics Corp. (??), another leading flat panel maker in Taiwan, meanwhile, took sixth place in the global rankings after shipping 2.10 million TV screens in February, down 5.3 percent from a month earlier, TrendForce said.

Despite the fall in overall TV panel shipments, AUO enjoyed a 20 percent and a 7.4 percent increase in its 50-inch and 55-inch ultra high definition TV panels, respectively, in February on the back of its long term efforts to develop larger-sized TV displays, which have cultivated royalty from its clients, TrendForce said.

TrendForce said that TV panel shipments worldwide for February fell 5.8 percent from a month earlier to 18.71 million units.

Source: Focus Taiwan News Channel