LCD panel suppliers throttle back on shipments, revenue estimates
LCD display panel makers are lowering their estimates of shipments and revenues for 2013 due to an oversupply of panels and reduced demand, according to the latest stats from NPD DisplaySearch.
LCD panel makers have reduced their estimate for 2013 shipments from 710 million units to 698 million units, with the largest downward adjustments occurring in display shipments for tablets, notebooks and TVs.
Tablet displays posted the worst performance in the first half, shipping just 40 million units, only 41 percent of the 2013 target of 96 units.
"The over-supply of LCD panels that occurred in June 2013 has caused panel makers to be more conservative in their 2013 shipment estimates," observed David Hsieh, vice president of NPD DisplaySearch.
In the first half of 2013, LCD panel shipments (9.1 inches or larger) totaled 340 million, generating $37 billion in revenue. Device manufactures expect a stronger selling season during the second half of the year, noted NPD DisplaySearch.
"Achieving nearly half of the 2013 annual target indicates that large-area TFT LCD seasonality has stabilized. Focusing on high-value products with the latest technology, such as 4K×2K, larger sizes, high color gamut, ultra-slim form factor, and environmental concerns, will add more to manufacturer revenues than pure unit-shipment numbers from now on," concluded Hsieh.
- see NPD DisplaySearch's release
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