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By Bing Zhang – Research Director, China Market, DisplaySearch
Over the past few weeks, two advanced TFT LCD fabs—a Samsung Gen 7.5 in Suzhou and a LG Display Gen 8.5 in Guangzhou—were approved by the State Department of China. Formal approval by the National Development and Reform Commission (NDRC) is expected soon.
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Jennifer Colegrove – Director, Display Technologies, DisplaySearch
At CEATEC JAPAN 2009, Mitsubishi Electric unveiled a 155” large-scale organic light emitting diode (OLED) display called Diamond Vision. Mitsubishi recently announced it will start selling the Diamond Vision OLED on September 21, 2010. This will be the first large-scale OLED display system available.
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On August 20 2010 AUO and Wistron announced the establishment of a joint venture for TFT LCD panel module manufacturing in Zhongshan, China. Total investment in the JV, tentatively named Zhongshan BriVision Optronics Corporation, is expected to be limited to $10 million; AUO will own 51% and Wistron will hold 49%.
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By David Hsieh – Vice President, Greater China Market, DisplaySearch
“This over-supply is coming so fast and so hard,” said a senior sales manager at a TFT LCD company. Apparently, panel price reductions are more severe than anybody expected. Both the buy side (brands, ODMs and OEMs) and the sell side (panel makers) seem to be panicking about panel prices and losing confidence in market stability. Everyone is expecting panel prices to crash to panel makers’ cash cost very soon—maybe within two to three months—before we see a possibility for stability.
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By David Hsieh – Vice President, Greater China Market, DisplaySearch
On May 27, 2010 Acer and Founder announced that they had signed an agreement to work together in the China PC market. On August 4, the companies announced that they have deepened their cooperation. These moves are clearly intended to help Acer achieve its goal to become the #3 PC brand in China, with a target revenue of $2.5 billion in 2011. However, complicated legal procedures in China and prevailing patriotic sentiment of Chinese people could raise suspicions and misunderstandings about this deal.
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