china tft lcd monitor brands

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Our company specializes in developing solutions that arerenowned across the globe and meet expectations of the most demanding customers. Orient Display can boast incredibly fast order processing - usually it takes us only 4-5 weeks to produce LCD panels and we do our best to deliver your custom display modules, touch screens or TFT and IPS LCD displays within 5-8 weeks. Thanks to being in the business for such a noteworthy period of time, experts working at our display store have gained valuable experience in the automotive, appliances, industrial, marine, medical and consumer electronics industries. We’ve been able to create top-notch, specialized factories that allow us to manufacture quality custom display solutions at attractive prices. Our products comply with standards such as ISO 9001, ISO 14001, QC 080000, ISO/TS 16949 and PPM Process Control. All of this makes us the finest display manufacturer in the market.

TSD as LCD display manufacturer and solution provider always adhering to the vision :Let each piece of LCD display module can be used stably in the client side and make values .

With the global industrial transfer and technology upgrade, a group of leading flat display panel manufacturers from mainland China is taking the opportunities and competing in the global market with their predecessors from South Korea and Taiwan.

Display panel products mainly include liquid crystal panels (LCD), plasma panels, and organic light-emitting diode panels (OLED). At present, plasma panels have been completely withdrawn from the market due to factors such as large thickness, low resolution, and high price.

On the other side, the display panel industry is a particularly typical case of the “Eastward spread of Western Culture ”. The production capacity is transferred from the United States to the Chinese mainland step by step, following the route of “the origin from the United States – the development byJapan – the overtaking by South Korea – the rise of Taiwan area – scale and further development in mainland China”.

In 1962, Radio Corporation of America(RCA) developed the first LCD display model, and then relevant technologies were introduced to Japan, which made a crazy investment in LCD. By the 1990s, Japanese enterprises had almost forestalled the entire LCD market. Enterprises with the spirit of “LCD craftsman” represented by Sharp have made contributions to the research and development of LCD technology.

In the mid-1990s, South Korea took advantage of the trough of the liquid crystal cycle to expand substantially and replaced Japan’s position around 2000. By 2009, BOE from mainland China announced the construction of the 8.5 generation line, breaking the technical blockade of Japan, South Korea, and Taiwan. Subsequently, Japanese and Korean companies such as Sharp, Samsung, and LG finalized the plan to build the 8th generation line in China at an alarming speed. Since then, mainland China’s LCD industry has entered a period of rapid expansion for ten years.

Until 2008, China’s LCD panels were still completely dependent on imports. Even in China’s annual consumption of imported materials, LCD panels ranked fourth after oil, iron ore, and chips.

After development in recent years, China’s panel industry has caught up from behind. In 2015, the LCD panel production capacity accounted for 23% of the world in total. With the Korean manufacturers having announced to withdrawal from LCD and turn to OLED, the global LCD production capacity has further gathered in mainland China. In 2020, China’s LCD production capacity has already ranked first in the world, and mainland produced about half of the – LCD panels global.

At present, Chinese LCD manufacturers are mainly focusing on the further layouts of high-generation LCDs. From 2020 to 2021, in mainland China, BOE, TCL, HKC, and CEC will successively put into production a total of 8 important production lines larger than 7-generation.

In order to ensure the normal panel supply to their own terminals, both Samsung and LGD have announced a delay in closing the LCD production line. At present, LG P7 and P8 production lines are definitely delayed to exit completely by the end of 2021. Samsung L7-2 is planned to be shut down in the first quarter of 2020, and has not given a clear exit schedule for the remaining two lines of L8-1 and L8-2.

From the perspective of market distribution, most manufacturers have sales channels both in domestic and abroad, with a wide range of products except Everdisplay only focus on China.

BOE97.36%The business revenue of mainland China accounted for 48.13%, and other Asian countries accounted for 40.50%, the Americas 7.64%, and the rest of the region less than 5%.For TFT-LCD: 55,628 thousand square meters;

While in the TFT-LCD market, leading manufacturers include BOE, HKC, TCL, Innolux, AUO, Tianma Panda, CAIHONG, and IVO. Among them, BOE, TCL, Innolux, and AUO lead the Chinese TFT-LCD market due to their production capacity advantages.

According to TrendForce research, terminal demand remains weak due to repercussions of the Russian-Ukrainian war, rising inflation, and China"s pandemic lockdowns as monitor brands began to reduce purchasing of LCD monitor panels in 2Q22. LCD monitors panel shipments in 2Q22 are estimated at 42.5 million units, down 11.3% QoQ.

According to TrendForce analysis, monitor brands set fairly high shipment targets in early 2022. Coupled with the impact of LCD monitor panel shortages in 2021, monitor brands gravitated towards overbuying panels in 1Q22 to prepare for ensuing shipments. Driven by strong demand from monitor brands, shipments of LCD monitor panels reached 47.9 million units in 1Q22, up 20% YoY, the highest level for the period since 2012.

However, due to changes in the international political and economic landscape in February this year, the market for consumer models has cooled and monitor brands have successively revised their LCD monitor shipment targets downward and simultaneously lowered their panel purchase volumes. In the face of interest rate hikes by the world"s major central banks and slowing economic growth, companies have also begun exercising caution in terms of capital expenditures, which has slowed demand for business-grade LCD monitors. In the past, inventory issues emerged and the overall market became oversupplied when monitor brands overstocked as consumer and business demand gradually cooled.

In addition, shipping and port congestion gradually eased in 1H22. The LCD monitors that were still in transit and accumulating in ports gradually arrived at distributors, resulting in a sharp rise in distribution inventory. Faced with the dual pressure of high whole LCD monitor and panel inventory, monitor brands were forced to reduce panel purchases in 2H22. Therefore, TrendForce forecasts that LCD monitor panel shipments will continue to decline to 37.8 million units in 3Q22, representing a QoQ decline of 11.2%. In 4Q22, there is a chance shipments will rebound marginally to 38.8 million units due to the sales surge initiated by monitor brands at the end of the year, representing a quarterly increase of 2.8%. Annual shipments are forecast to reach 167 million units, a drop of 3.6% YoY.