Large-size LCD panel shipments and revenues up in February, says Displaybank

Shipments of large-size TFT-LCD panels increased 26.3% on a monthly basis to 30.1 million units, with revenues going up 21.4% sequentially to US$3.1 billion in February 2009, according to Displaybank.

It is the first time since September 2008 that both shipments and revenues have increased because of low inventory levels, increasing orders from system makers and falling prices, Displaybank said.

But the shipments and revenues declined on a yearly basis, which indicates that demand has yet to really recover, the research firm said. Shipments and revenues dropped 14.8% and 53.7% respectively compared to February 2008.

Samsung Electronics remained the top supplier with 26.2% of the market in terms of revenues for February 2009, followed by LG Display (LGD) with 25.8%, and AU Optronics (AUO) with 14%.

Samsung also ranked first in the unit shipments with 26.2%, followed by LGD with 25.8%, AUO with 14%, and Chi Mei Optoelectronics (CMO) with 13.9%, Displaybank said.