Press Center

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.

Incentivising Indian LED lighting makers is imperative to take on imports

23 January 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.

TrendForce Reports PERC Cell’s Global Production Capacity to Reach 25GW in 2017, Resulting in Doubling of Total Annual Output

19 January 2017

Volume production of PV cells based on PERC (passivated emitter rear cell) technology is expected to reach a new peak in 2017 on account of advances in equipment and manufacturing process. The latest PERC technology report from EnergyTrend, a division of TrendForce, states that PERC cell suppliers that began to expand their production capacity last year will be completing their works in the first half of 2017. Global PV cell production capacity on the whole will increase this year, while PERC cell capacity is forecast to reach 25GW by the year’s end. The total annual output of PERC cells is also expected to double compared with 2016.

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.