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Chimei Innolux biggest flat panel supplier to China in March

2012/05/12 18:35:16

Taipei, May 12 (CNA) Chimei Innolux Corp., one of Taiwan's leading flat panel makers, remained the largest supplier of screens to China in March, according to a recent research report.

The report released by WitsView said Chimei Innolux accounted for 35.3 percent of flat panel shipments to China during the month, ahead of Taiwan-based AU Optronics Corp.'s 20.1 percent.

South Korea's LG Display Co. (LGD) and Samsung Electronics Co. were next with 16 percent and 14 percent market shares, respectively.

WitsView said Chimei Innolux also had the largest share of purchases by China's top six TV brands, at 33.3 percent. AUO was next with 21.3 percent of the total, followed by LGD with 16.2 percent and Samsung with 16.1 percent.

The top six TV brands in China are TCL, Skyworth, Changhong, Haier, Hisense and Konka.

The report said the six top Chinese TV brands purchased 3.85 million flat panels in March, up 37 percent from a month earlier, and were estimated to have purchased 11 percent more, or 4.28 million sreens, in April.

WitsView said TV shipments of the six largest Chinese brands in March totaled 3.33 million units, up 29 percent from a month earlier and up 52 percent from a year earlier. The March TV shipments were higher than the market had expected, it said.

Shipments of the six TV brands for April were expected to rise 31 percent from March to hit 4.35 million units.

The growth in panel procurements and TV shipments in China partly reflected inventory adjustments and promotional campaigns ahead of the prolonged May 1 Labor Day holiday, WitsView said.

It said an expected buying spree in China ahead of the Labor Day holiday and the 2012 London Olympics should further boost global LCD TV shipments in the second quarter.

In the first quarter, global LCD TV shipments totaled 46.7 million units, with China's TCL ranking as the world's sixth biggest TV supplier with shipments of 2.52 million units.

During the same period, Hisense ranked as world's eighth largest TV supplier, and Skyworth was ranked 10th.

(By Frances Huang)