Market Trend

According to the latest research statistics by WitsView, the MCI rose from 4115.4 to 4618.9 by 503.5 points during the period of 1/13~2/9. The political parties in the Greek government have reached a consensus on the reforms and austerity measures requested by the EU; therefore, it’s expected that Greece will receive the second bailout. The US non-farm employment has increased by 243,000 people, reaching the peak since April 2011; meanwhile, the unemployment rate has dropped to 8.3 %, which is the record low for the past 3 years. The excellent performance of China, US, and Euro zone manufacturing PMI also helps restore the market confidence in economic recovery.

 

Helped by the increased orders from the downstream vendors in 4Q11 due to the advanced stock preparation for Chinese Lunar New Year promotion and the strong demand momentum of some new-sized panels, the downtrend in panel price starting from 3Q11 has been gradually stabilized; therefore, the panel makers have been encouraged to increase the utilization rate optimistically, and further increase the shipment aggressively. The market confidence has been boosted due to the political uncertainty being cleared after Taiwan presidential election, which has further resulted in a positive attitude towards the TFT LCD related topics to be posted in ECFA reciprocal agreement.