TrendForce: shipments of LCD panels with high refresh rate surged in the second quarter, with BOE ranking first

CTOnews.com July 26 news, According to TrendForce Jibang consulting research shows, In the second quarter of 2023 high refresh rate panel (100Hz (inclusive)) shipments surged, Quarterly growth rate as high as 62%, Shipments as high as 9.6 million units. It is mainly benefited from the fact that China 618 channel continues to actively stock products with high refresh rate, while more and more brands are actively deploying 100Hz product lines, driving a significant increase in panel demand, and most panel manufacturers are also actively developing new 100Hz products to seize the high refresh rate panel market.

▲ According to the market share of panel shipment with high refresh rate of panel factory in the second quarter, BOE won the first place with 28% market share, mainly because BOE seized the market growth momentum of high refresh rate, laid out the concept of light e-sports in advance, took advantage of the trend of 100Hz new products, and realized the first place of panel shipment with high refresh rate in the second quarter.

CSOT followed closely with a market share of 26%, driven by the hot demand for high refresh rate panels in the Chinese market and the volume of IPS high refresh rate products in addition to VA high refresh rate products in the second quarter.

The third place is AUO, which has diversified and complete layout of high refresh rate product line, with market share of 20%. AUO's market share in the second quarter is slightly lower than BOE and Huaxing Optoelectronics. The main reason is that there are more ink products above 144Hz, so the shipment volume of 100Hz high refresh rate panel is relatively small.