Manufacturers competing to expand production capacity is expected to exceed 10% LCD panel Market

According to the South Korean market research company Displaybank, the major LCD manufacturers in Japan and South Korea and Taiwan region to expand production capacity, is expected in 2006 the global panel supply will be oversupply, excess of more than 10%. Displaybank forecast, global LCD panel demand will reach 30 million 900 thousand square meters, more than the supply of 27 million 200 thousand square meters.

Expected in the first quarter of 2006, an oversupply of 9.7%, the supply of 6 million 700 thousand square meters, while the demand for the 6 million 100 thousand square meters. The second quarter excess rate will rise to 13.8%. Peaked in the third quarter of 15%. Third quarter supply will reach 8 million 100 thousand square meters, the demand for a total of 7 million square meters.

Displaybank said that the main LCD panel manufacturers in South Korea and Taiwan scramble to expand production capacity, reflecting the general mentality of suppliers, they believe that the lack of capacity will make themselves in a competitive disadvantage.