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TAIWAN OVERTAKES S. KOREA AS TOP PRODUCER OF LARGE LCDS.
SEOUL, June 1 Asia Pulse - South Korea was eclipsed by Taiwan as the world's biggest producer of large liquid crystal display panels in the first quarter of this year for the first time, according to an international market researcher Thursday.
During the three-month period, South Korean producers' share of the global market for large LCDs measuring more than 10 inches diagonally, used mainly for televisions and computers, stood at 44 per cent compared with Taiwan's 46 per cent, U.S.-based DisplaySearch said in a statement.
South Korea, led by two industry leaders Samsung Electronics Co. (KSE:005930) and LG.Philips LCD Co., had long dominated the global LCD market, but its grip is now being threatened by increased competition as flat panels increasing provide lower profit margins, some analysts say.
Taiwan, home to producers such as AU Optronics Corp., Chi Mei Optoelectronics Corp. and other smaller makers, has emerged as the top producer of large LCD panels with multiple suppliers increasing new capacities simultaneously, ...
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