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LCD monitor shipments from China to drop in 1Q20

Shipments of LCD monitors from China are set to decline in the first quarter of 2020, as some OEM makers have moved part of their capacity outside of China and production has also been affected by labor shortages and supply chain disruptions caused by the coronavirus outbreak, according to industry sources.

LCD monitor shipments from China totaled 83.34 million units in 2019, decreasing 2% from a year earlier, according to data compiled by China-based AVC Revo.

While the top-three makers TPV Technology, Qisda and Foxconn Electronics accounted for nearly 60% of China’s monitor shipments in 2019, some second-tier suppliers, including Chongqing HKC, TCL and Amtran Technology, have been gearing up their output, which could reshuffle the vendors rankings in 2020, said the sources.

TPV ranked first in 2019 with shipments of 23.9 million units, down 5% on year, as decreased shipments to North American offset gains in shipments of own brand (Philips and AOC) products. However, its shipments of HP brand products to Japan increased 25% on year in 2019.

Second-place Qisda saw its shipments slide 7% to 18.05 million units, as shipments to Western Europe and Latin America experienced substantial declines. Its shipments to major clients in North America including Dell and HP also decreased significantly in the fourth quarter of 2019.

Foxconn ‘s shipments edged down 1% to 7.11 million units although its shipments to Southeast Asia moved up 12%, the data showed.

HKC managed to boost its shipments by 9% to 840,000 units in 2019, and its major clients included Samsung Electronics. It has also been promoting its HKC own-brand monitors.

―Digitimes

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