Being on a growth course in terms of LCD panels, Taiwan increasingly must be rated serious competition for the industrial giants from South Korea. But as more and more electronic end products are manufactured in Taiwan, this tendency is not only to be observed with the panels. According to an internal study by the DigiTimes, Taiwan will ship 6.97 million LCD TVs in the second quarter of 2010. This would be an increase of 8.7 per cent in comparison to the first quarter 2010.
Though Jessie Lin, DigiTimes chief analyst for display products, stated that the situation with the inventories of retail channels was tense, and demand from Europe was to decline slightly, many makers would take preparations as related to the coming peak season towards the end of the year and begin to stock up their inventories again. Due to the industry wide efforts to outsource the manufacturing of products to third-party makers, this could portend as to lucrative growth rates in terms of incoming orders for many Taiwan makers.
Because of that, DigiTimes expects Taiwan's share of the worldwide production of LCD TVs to increase from once 16.3 percent in 2009 to approximately 20 per cent at the end of this year.