Viewing that prices for TV-use LCD panels began to drop significantly in August 2021, China-based LCD panel makers BOE Technology and China Star Optoelectronics Technology (CSOT) as well as LG Display began to reduce the production of such panels in September, a bid to prevent such prices from dropping further, according to industry sources.
Shenzhen Laibao Hi-Tech, a China-based maker of ITO conductive glass, color filters as well as OGM (one glass metal mesh) and OGS (one glass solution) touch panels, will step into the production of LCD modules with an investment of CNY250 million (US$38.5 million) to set up a factory in Chengdu, western China, according to industry sources.
Some Taiwan-based LCD driver IC suppliers have claimed their book-to-bill ratios remain above one with clear order visibility through the end of this year and even 2022, in response to recent reports indicating LCD panel prices have started falling due to a slowdown in TV and other end-market device demand.
Corning has appointed Andrew Ho as president of Corning Display Technologies Taiwan (CDTT), replacing Daniel Tseng, who has been named president and general manager of Corning Display Technologies China.
AU Optronics (AUO) has unveiled an 85-inch 4K gaming TV panel with VRR (variable refresh rate) of 240Hz.
AU Optronic's (AUO) AmLED (adaptive miniLED) display technology is featured in MSI's new creator notebook series.
Global automotive display panel shipments reached 91.4 million units in first-half 2021, increasing 39.1% on year, according to Omdia.
China-based Xiaomi has unveiled a pair of concept smart glasses featuring microLED micro-display matched with optical waveguide technology and weight of only 51g.
LED packaging service provider Ledtech Electronics has indicated demand for LED low-temperature lighting in China and other overseas markets began to rebound in August-September and it has obtained orders with shipments scheduled until November 2021.
Government-developed Hsinchu Science Park (HSP), Southern Taiwan Science Park (STSP) and Central Taiwan Science Park (CTSP) generated combined revenues of NT$1,712.828 billion (US$61.28 billion) in first-half 2021, growing 25.20% on year, according to Ministry of Science and Technology (MOST).
Chances are slim for LCD TV panel prices to plunge to the cash cost level and Taiwan panel makers are now much more immune to the ongoing round of price falls amid changing industrial structures and their increasingly robust financial strength, according to Paul Peng, chairman of AU Optronics (AUO).