Market Trend

In September, the consolidated sales revenue in the LCD sector from the 4 major Taiwan panel makers reached NTD 83.10 billion, a 2.2% increase month on month and a 5.99% increase during the same period of last year. The aggregate large-sized panel shipments in September were up sequentially by 0.7% to 19.34 million units; compared to last year, shipments were up by 12.6%.

Taiwan Sales performance

As downstream customers’ inventory in September was at a high level, the market is maintaining a “wait-and-see” attitude and gradually reduced product pull-in from panel makers due to concerns of facing losses from excess inventory once again. On the other hand, panel prices have begun to decrease slightly since 2HSep, therefore, the simultaneous decrease in panel price and shipment volume has resulted in weak performance of panel makers. In September, only AUO posted growth, up by 8.93% to 41,08 billion; in contrast, CPT and HSD were both down by 5.73% and 11.47% to NTD 6.453 billion and NTD 5.403 billion respectively; CMO also decreased by 1.47% to 30.16 billion.

Taiwan Shipment

Shipment-wise, Hannstar and CPT posted decline, both down by 14.53% and 4.64% MoM to 0.91million and 1.725million units. Meanwhile, AUO grew more substantially by 3.42% to 9.38 million units, but CMO only inched up 0.94% to 7.324 million units.