Global capacity for TFT applications sized 9-inch and above will increase 7.1% on year in 2016, the highest on-year increase since 2011, according to Digitimes Research.
Large-size LCD panel capacity in China specifically will drive the overall global growth, increasing 28.2% on year in 2016 and 17.7% on year in 2017. The expected growth will come mainly as China and Korea panel makers expand 8.5G production in China.
In 2016, China will account for 26% of global large-size LCD panel capacity and 29% in 2017. By 2018 when China unveils new capacity at 10.5G and 8.5G fabs the country is expected to hold the number two position globally in large-size LCD production, said Digitimes Research.