Worldwide top ten SIs declined by 3.4% MoM in May

Based on a survey by WitsView, in May 2010, global LCD monitor shipment from top ten SI declined by 3.4% MoM to 13.1 million units. In 1Q10, the rising of panel prices increased demand, leading to a growing shipment in slow season. However, demand for panel began to shrink in 2Q10 because panel price was falling and debt crisis hit Europe market. Brand vendors started to clear away their excessive restocking, prepared in 1Q10, and it caused descending shipment from SI. It is expected that quarter-end in June and advance preparation for back-to-school sales in September will increase shipment from SI by 5-8% MoM for next two month.

Of individual vendors in May 2010, due to rising inventory, Samsung cut their output and led to a decrease by 25.6% MoM. Moreover, after the merger, Innolux and Chimei are re-allocating their factories in China by respective customers. Hence, the adjustment caused a decline in shipment by 8.2% MoM. However, since material shortage in Jean was improved, those earlier orders which were previously delayed, were able to ship out successfully, and added 30% MoM. Furthermore, due to pressure of rising inventory in LGE, priority is given to their in-house capacity, and resulted in a 14.4 % MoM increase.

 

Worldwide top 10 SI shipment by unit in May 2010

Remark: Due to the merger of Innolux and chimei, their shipment data tends to change during the integration. Therefore, Innolux OEM shipment unit was revised up from 2.8 to 3.05 million in April. We apologize for the inconvenience in referring to our data.

Shipment Unit: K pcs

Source: WitsView, 2010/6

 


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