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TCL CSOT Won The World's First for The First Time as for the Global LCD TV Panel Shipments in Februa
Release time:
2020-03-20
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According to CINNO Research's monthly LCD TV LCD panel shipment report, in February 2020, global LCD TV panel shipments were 19.64 million, a 5.1% month-on-month decrease from January 2020 and a 5.6% year-on-year decrease from February 2019. Problems such as tight logistics resources and poor supply chain operation caused by the COVID-19 epidemic were one of the main reasons for the decline in LCD TV shipments in February.

 

Starting from the end of 2019, LCD TV panel prices gradually stopped falling and began to rebound. Due to the impact of the COVID-19 epidemic on the supply chains of China and South Korea, the tension in panel supply has been further exacerbated in the short term, which has contributed to the rebound in panel prices. On the other hand, as the spread of the international epidemic continues to deteriorate, sports events that were originally considered to be crucial to TV sales such as the Champions League, European Cup, NBA, E3 2020, etc. have been cancelled or postponed, and the Tokyo Olympics also faced serious delays. Risks have added many variables to 2020, and the reduction in demand is expected to be difficult to support the continued increase in panel prices.

 

As Korean companies gradually withdrew from the LCD TV market, and the new capacity of mainland Chinese manufacturers has gradually achieved success, according to CINNO Research's monthly LCD TV LCD panel shipment report, in terms of shipments, mainland China panel manufacturers in February 2020, it has accounted for 59.4% of total shipments, close to 60%. TCL CSOT became the world's largest LCD TV panel supplier for the first time with 18.8% share, BOE ranked second with 17.4% market share, and HKC shipments also grew rapidly, ranking third with 13.4% share, Innolux and Samsung Display SDC ranked 4-5 with 12.3% and 10.5%.

 

According to CINNO Research's monthly LCD TV LCD panel shipment report, in terms of shipment area, panel manufacturers in mainland China accounted for 56.6% of the total shipment area. CSOT also won the first place with a share of 19.6%, BOE, Samsung Display SDC, CEC (including Panda, Rainbow), LG Display LGD ranked 18.7%, 12.6%, 10.8% and 10.2% respectively. 2nd to 5th.