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BOE Adds Area to Its Leadership in LCD TV Panel Production
February 23, 2020
China’s largest display maker BOE passed LG Display in 2019 as market share leader in TV LCD panel area shipment, according to IHS Markit on Feb. 13. BOE shipped the most LCD TV panels since 2018, now leads in area shipments, according to the market research firm. Until the coronavirus epidemic, Chinese display makers have been increasing their market share as LG Display and Samsung Display began exiting the LCD TV panel production market. In 2019, BOE posted a 23.8% on-year increase for TV LCD area shipment of 30.1 million square meters. In second place LG Display, which posted a 10.3% decrease to 28.300m square meters. Samsung Display came in third with 21.790m square meters to show a 19% decline. CSOT was # 21.20m square meters after a 19.4% increase. Innolux was #5 with 20m square meters. Among the LCD panels for TVs shipped in 2019, 45.2% were 4K panels up 6.1% Y/Y 39.1% in 2018.
LG Display increased their share 6.3% Y/Y to 34.4% in 2019, passing JDI, the previous leader. BOE is very active in this segment, increasing their share from 7.6% in 2018, to 11.3%. From: THE ELEC, Korea Electronics Industry Media(http://en.thelec.kr)
BOE Adds Area to Its Leadership in LCD TV Panel Production
February 23, 2020
China’s largest display maker BOE passed LG Display in 2019 as market share leader in TV LCD panel area shipment, according to IHS Markit on Feb. 13. BOE shipped the most LCD TV panels since 2018, now leads in area shipments, according to the market research firm. Until the coronavirus epidemic, Chinese display makers have been increasing their market share as LG Display and Samsung Display began exiting the LCD TV panel production market. In 2019, BOE posted a 23.8% on-year increase for TV LCD area shipment of 30.1 million square meters. In second place LG Display, which posted a 10.3% decrease to 28.300m square meters. Samsung Display came in third with 21.790m square meters to show a 19% decline. CSOT was # 21.20m square meters after a 19.4% increase. Innolux was #5 with 20m square meters. Among the LCD panels for TVs shipped in 2019, 45.2% were 4K panels up 6.1% Y/Y 39.1% in 2018.
LG Display increased their share 6.3% Y/Y to 34.4% in 2019, passing JDI, the previous leader. BOE is very active in this segment, increasing their share from 7.6% in 2018, to 11.3%. From: THE ELEC, Korea Electronics Industry Media(http://en.thelec.kr)
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