Global Monitor Panel Demand To Remain Weak In 3Q19

Global demand for monitor panels will remain weak in the third quarter of 2019 with prices of medium- to large-size panels to continue falling, according to industry sources.

Global shipments of monitor panels totaled 69.38 million units in the first half of 2019, down 4.4% from a year earlier, according to Sigmaintell Consulting. In terms of area shipments, global monitor panel shipments were also down 0.7% on year.

Despite decreased shipment volumes, there was an improvement in market structure, with makers shifting more focus to high-resolution products such as gaming and curved panels, said the sources.

The penetration rate of gaming panels increased to 6.2% in the first half of 2019 from 4% a year ago; and that for the curved monitor panels rose to 7.5% from 5.6%, indicated the sources.

Samsung Display and AU Optronics (AUO) have both enjoyed robust shipment growths in gaming and curved panels.

Overall, BOE Technology was the top supplier of monitor panels in the first half with 16.3 million units shipped, down 11.7% on year, according to Sigmaintell.

LG Display took second with shipments totaling 15.32 million units, down 8.8% on year.

AUO bucked the decline trend, seeing its unit shipments up 1.8% to 12.6 million units and area shipments also were up 6.6%, the same data showed. AUO has also adjusted its product mix by shipping more 27-inch models, replacing 19.5-inch ones.

Innolux saw its shipments drop 11.2% to 12.01 million units, due to significant declines in shipments of 19.5-, 21.5- and 23.6-inch models despite a ramp-up in 23.8-inch ones.

Samsung Display’s monitor shipments came to 7.65 million units in the first half, decreasing 4.3% from a year earlier.―Digitimes

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