BOE Maintained Top Q3 Revenue Share Among Panel Makers: DSCC

Industry panel maker revenue reached a record high in Q3, but declining LCD panel prices dented industry profits, reported Display Supply Chain Consultants. It estimates total industry revenue increased 27% year over year to $39.3 billion. BOE passed Samsung Display and LG Display for top revenue share in Q1, and maintained that lead in Q3 with revenue of $8.7 billion, said DSCC. The increase in panel demand for TV and computing applications, and the corresponding increase in panel prices, lifted the fortunes of panel makers across the board in the industry’s biggest “upswing” in its history, it said. Panel makers that concentrated on LCD panels for large-area applications “benefited most during the upcycle,” it said.