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Based on a survey by WitsView, a research division of TrendForce, in the panel procurement volume among China TV brands, LED ratio reached 14.5% in 2Q10, growing by 2.7 times QoQ in quantities compared to a 4.8% ratio in 1Q10.
According to the latest survey by WitsView, global LCD monitor shipment from the top ten SIs dropped by 1.3% MoM to 11.77 million units, marking a shipment decline for four consecutive months. The end-market demand in Europe and the US market remained weak, coupled by the slow economic growth in China due to the natural disasters, demand for summer sales promotion was not as strong.
Based on the survey by WitsView, a research division of TrendForce, in 2Q10 panel procurement among China leading TV brands, 32W accounted for the largest ratio with 41%, which was similar to global TV panel procurement with 42% in same size.
As panel industry had been stuck in the mud for some time, at the end of 2008, China played a critical role in getting out of the recession mud in the panel industry. In recent years, China has also become the single market that demonstrated the rapidest growth in TV panel demand.
According to the latest survey by WitsView, the research division of TrendForce, panel shipment reached 50.87 million units in July, decreasing by 8% MoM.