Glass Substrate Shortage to Continue Through 3Q 2009

Hong Kong, July 30, 2009 (JCN) - It is predicted that the shortage in supply of glass substrate, the key part in the LCD panel market, will continue until 3Q 2009. LCD panel makers in Taiwan, having more difficulty more than their counterparts U.S. in sourcing the glass substrate, will continue to become reason for the shortage during the second half of this year.

Samsung Corning Precision Glass is still dominating the world LCD glass substrate. The demand for LCD glass substrate in 2Q 2009 surged 26 percent from previous quarter to 18.95 million but supply was only 12 percent increase. As a result, supply excess dropped to 0.6 percent range worldwide. Display Search prospected 5 percent originally, and actual figure is far below than that.