By David Hsieh, Vice President, Greater China Market
TFT LCD makers are now suffering from a deep downturn. According to the latest Quarterly TFT LCD Cost Forecast Reports with Annual and Quarterly Projections, panel prices are approaching cash costs, and some panel makers are already selling products for less than cash cost. Meanwhile, prices continue to fall. DisplaySearch estimates that in Q3’08 global capacity utilization was merely 84.5%, the lowest in 12 quarters. Suppliers based in Taiwan—like AUO, CMO and CPT—have indicated that their capacity utilization will be only 60-70% in Q4’08. In the meantime, depreciation of the Korean Won gives Korean TFT LCD makers a cost advantage in their efforts to take market shares from Taiwanese makers. Continue Reading





