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
China Increases its LCD Import Duty; Time to Move Fabs to China?
China’s Ministry of Finance has officially announced changes in import duties on certain products, among them LCD TV panels. Continue Reading
China 5% Import Duty: a Compromise or a Driver?
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.
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Samsung and LG Display Consider Moving Gen 8 Equipment from Korea 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.
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Good LCD TV Sales During China’s Golden Week National Holiday
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.
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