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TrendForce Reports Global LCD TV Shipments Grew 1.6% Annually in 2016; Hisense Narrowly Beat TCL to Take Third Spot in Ranking

2 February 2017

Global shipments of LCD TV sets for 2016 increased 1.6% annually to reach 219.2 million units, according to WitsView, a division of TrendForce. Shipment growth was attributed to the strong sales in North America’s distribution channels during the busy season, the increasing affordability of large-size TVs and the robust housing market in China. The top five TV brands by shipments in order are Samsung, LG Electronics (LGE), Hisense, TCL and Sony.

TrendForce Reports Global Smartphone Production Volume Totaled 1.36 Billion Units; Samsung Held On as Leader While OPPO and Vivo Burst into Global Top Five

25 January 2017

The global smartphone production volume for 2016 grew 4.7% annually to reach 1.36 billion units in total, according to market research firm TrendForce. Samsung continued to top the annual global ranking despite the discontinuation of Galaxy Note 7, suffering a marginal decline of 3.3% compared with the 2015 figure. Chinese brands Huawei, OPPO and Vivo respectively occupied the last three spots in the global top five and followed closely behind the second-place Apple.

TrendForce’s TV Panel Shipments Ranking for 2016 Shows LGD Retained First Place While BOE Displaced Innolux to Take Third

24 January 2017

Global shipments of LCD TV panels for 2016 fell 3.5% from the prior year to around 260.4 million units, according to the latest report by WitsView, a division of TrendForce. Major panel makers expanded their Gen-8.5 production capacity during 2016 in response to the rising demand for larger TV panels. The increased production in the large-size segments helped consume the overall panel capacity and increased the average size of TV panels by 2.2 inches to 43.6 inches. Shipments of TV panels by area therefore actually increased by 6.5% annually. WitsView expects the average size of TV panels to increase again in 2017.

TrendForce Says Global Market Value for Voice Recognition Will Register CAGR of 43.64% During 2016~2021 as Applications for AI Expands

19 January 2017

Development of AI systems and their applications will continue to revolve around voice and image recognition technologies in 2017. According to market research firm TrendForce, the global market value of voice recognition solutions is projected to grow from US$2.61 billion in 2016 to US$15.98 billion in 2021, with the CAGR in the forecast period at 43.64%. The main source of growth momentum will come from the widespread adoption of voice-based virtual assistants in various devices.

China’s Third-Party Payment Industry to Take a Huge Hit as Its RMB 500 Billion Client Reserve Funds Will Be Placed Under Centralized Management This April, Says TrendForce

17 January 2017

Starting in April 2017, third-party payment providers in China will have to put their client reserve funds under centralized management of People’s Bank of China (PBoC). This policy is expected to have a heavy impact on major domestic payment providers including Alibaba and Tencent as it prevents them from using the reserve funds to generate interest income or grow their businesses. According to market research firm TrendForce, the total amount of reserve funds that will transfer from third-party payment providers to the control of the Chinese government is estimated around RMB 500 billion.


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