TrendForce: global TV panel shipments are expected to reach 264 million in 2023, down 2.8% from the same period last year.

CTOnews.com January 11 news, TrendForce Jibang Consulting released a report today that global TV panel shipments are expected to reach 264 million in 2023, down 2.8% from the same period last year.

▲ source: TrendForce Jibang Consulting OLED, Korean panel factories fade out of the LCD market in 2022, the focus is closer to OLED, more products will come out one after another, product richness will help shipments to a certain extent. At the same time, Samsung Electronics is currently positive about the QD OLED TV panels provided by Samsung display, and it is expected that shipments of QD OLED TV panels in 2023 are expected to increase by 26.5% compared with the same period last year, which will not only help increase overall OLED TV panel shipments by 7.8% year-on-year, but also increase the overall OLED panel shipment penetration in the TV panel field slightly to 3.1%.

In terms of LCD, the market for LCD TV panels is mature and has a large supply, and it is also relatively hard hit by the economy. TrendForce Jibang Consulting expects shipments of LCD TV panels to decline 3.1% year-on-year in 2023, reaching 256 million pieces.

CTOnews.com learned that the report indicates that Chinese mainland regional panel factories are expected to further expand the market share of LCD TV panels to 70.4% in 2023. Among them, BOE, Huaxing Optoelectronics and Huike are still the top three shipments of LCD TV panels in 2023. In terms of panel factories in Taiwan, Qunchuang benefits from the transfer of orders brought by CLP Panda, which is expected to account for about 14.1% of the market in 2023; due to the increase in orders from main customers, the market share of Youda will increase slightly to 5.2%.

In addition, the report expects LG Display's market share of LCD TV panels to decline to 4.6% in 2023; Sharp estimates a market share of 5.7%.