China is the largest LCD TV market in the world and Chinese TV makers are buying many panels from Korea, Taiwan, and of course China. Continue Reading
Tag Archives: China
As we have discussed, the Chinese government has been considering increasing LCD panel import duties to help its local panel manufacturers. Currently, import duties on LCD modules are 5%, and 3% for the cell and open cell (cell with driver ICs and PCB attached). Speculation that the Chinese government may double tariffs has been a source of concern for Korean and Taiwanese panel suppliers who are importing LCD TV cells and modules to China.
Recent reports suggest both Samsung and LG Display are evaluating the option of moving currently installed Gen 8 equipment from their Korean fabs to the new fabs they have been planning on building in China in 2012 and 2013. As analyzed in our recent Quarterly FPD Supply/Demand and Capital Spending Report, there are a variety of potential benefits as well as negatives with this “Move to China” strategy.
According to a variety of sources, LCD TVs sales were up about 10% Y/Y during the National Day Golden Week in China, Oct 1-7. Gome, one of the largest national chain stores, officially announced its AV sales grew 16%, out-performing the average 15% during Golden Week. Local brands took share through aggressive promotion of high-end TVs and by using emerging channels such as specialty stores, group purchases, and online sales.