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Chunghwa Picture may become Taiwan’s top maker of small and medium panels

Chunghwa Picture may become Taiwan’s top maker of small and medium panels

STAFF WRITER

Chunghwa Picture Tubes, Ltd. (CPT) will replace Chimei Innolux Corp. as Taiwan’s biggest maker of small and medium panels by the end of this year due to a shift in product mix, according to the Photonics Industry and Technology Development Association (PIDA) yesterday.
The Taipei-based association said that shipments of small and medium panels in Taiwan will amount to around 1.69 billion units in 2011, up 21 percent year-on-year from the 1.4 billion units recorded in 2010 in light of strong demand from the smartphone and tablet PC markets.
Shipments of CPT’s small and medium panels in 2011 will increase by 42 percent from 352 million units last year to reach 500 million units, moving the Taoyuan-based company into the top spot in the market with a 30 percent share, the PIDA said.
Last year, CPT took 25 percent share of the market and ranked the second-largest vendor behind Chimei Innolux, according to the association.
CPT’s huge growth can be attributed to a transformation of its Generation 6 plant to produce high-end small and medium panels for smartphones, the PIDA said.
The second-place Chimei Innolux is forecast to ship 425 million units of small and medium panels by the end of this year, which will be the same amount shipped as last year and result in a market share loss from 31 percent in 2010 to 26 percent this year.
HannStar Display Corp. will come in third with a 25 percent market share, as its small and medium panel shipments jumped by 67 percent from 248 million units last year to 414 million units in 2011.
AU Optronics Corp., however, suffered a year-on-year decline of 14 percent in its small and medium panel shipments from 221 million units in 2010. It is expected to sell 190 million units this year and account for only 11 percent share of the market.