In the first quarter of 2010, shipments of small and medium-sized LCD panels were better than expected due to increased demand for consumer electronics and new touch panel applications. According to Taiwan panel makers, LCD panel shipments are expected to increase significantly in the second quarter of 2010. Small and medium-sized panel makers, such as Wintek, continued to grow revenues by about 60% in March. According to sources, the company expects LCD panel shipments to continue to increase significantly in the second quarter of 2010.
According to sources, it is expected that Giantplus Technology's March revenue will show strong growth.
The source also said that as touch screens have become a trend in handheld devices such as cell phones, digital cameras (DSCs), portable navigation devices and game consoles, some panel makers are actively developing touch screen panel products to provide higher Profit margin.
Due to the global economic recession, LCD panel prices and demand have fallen sharply. Therefore, in 2009, many small and medium-sized panel makers were facing losses.
According to sources, in the second half of 2009, although the demand for LCD panels began to recover, the price of most LCD panels is declining due to oversupply in the market.
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