Global shipments of large-size (9-inch and above) TFT-LCD panels will slightly increase from 673.37 million units in 2016 to 684.60 million units in 2021, equivalent to an annual CAGR of 0.3%, according to Digitimes Research.
In terms of application, global shipments will rise from 259.57 million units in 2016 to 265.21 million units in 2021, a CAGR of 0.4%, for LCD TV panels; from 164.49 million units to 155.43 million units, CAGR negative 1.1%, for notebook-use panels; from 142.52 million units to 125.82 million units, CAGR negative 2.5% for LCD monitor- and AIO (all-in-one) PC-use panels; and from 87.47 million units to 110.53 million units, CAGR 4.8%, for panels used in 9-inch and above tablets, Digitimes Research indicated.
In particular, Taiwan-based makers will ship 244.31 million large-size TFT-LCD panels in 2017, increasing 4.3% on year.
China-based TFT-LCD panel makers' combined production capacity will exceed Taiwan-based makers' in 2017 and South Korea-based ones' in 2018.
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