The rise of China's panel makers! Shipment exceeds Japan and South Korea into leading

Recently, the famous British investigation company IHS market has released a global LCD panel research report. Among them, China's Boe has become the number one display panel company by virtue of its global shipment of 22.3%. In recent years, with the rapid rise of companies such as BOE and AU Optronics, the pattern of panel technology that was originally monopolized by Japanese and Korean companies has quietly changed.


China's panel factory shipments surpass Japan and South Korea

According to the data provided by IHS, currently the top five panel supply companies in the world are China BOE (22.3%), LG Display (21.6%), China Taiwan AU Optronics (16.4%) and Taiwan Innolux. 15.7%), Samsung Display (9.9%).
From the data point of view, Japanese companies have fallen out of the top five, and Korean companies only have a "good for both" combination. Instead, the sudden emergence of Chinese companies has become the main force. As the team's situation has changed, many panel companies have also adjusted their tactics accordingly. Insiders said that the competition between China and South Korea in the panel area will be fierce this year. For example, this year, Samsung Electronics will invest nearly 9 billion US dollars to expand the OLED production line, TCL also spent 35 billion yuan to deploy AMOLED flexible display panels.


AU Optronics Shipped into the Top 3

Currently, BOE's shipments are larger than other peers on LCD screens larger than 9 inches, including tablet screens, laptop screens, and monitors. Among them, the notebook computer screen has the highest market share in the BOE market, reaching 29%, and Taiwan's No. 2 market share of Taiwan's Innolux is 20%.
In large-size TV display screen projects, such as large-size LCD TVs, ultra-high-definition TVs, etc., South Korea's LGD still ranked first with a market share of 21.4%. Followed by Taiwan's Innolux, the share of 16.3%, BOE ranked third, was 15.9%. It can be seen that Korean panel companies still have advantages in technology and market share on large panels. And BOE will soon join the competition of large-scale panels. 2017 will be a year when Chinese panel makers will fully expand their business areas, and they will enter the large-scale panel market dominated by South Korea.
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