WitsView Research Institute: March LCD Display Shipment Increases 33%

WitsView Market Research Institute released a report that in March the world's top 10 manufacturers LCD monitor shipments increased by 33% from February to 12.91 million units.

In addition, shipments of liquid crystal display foundry manufacturers rose by 40% on a monthly basis, with a total of 14.34 million units.

The reason for the growth momentum was mainly due to the fact that after the Chinese Lunar New Year, the brands and foundries resumed their growth in production and sales. In addition, March was the last month of the quarterly report. As a result, manufacturers have increased their shipments under pressure from business pressure.

In the second quarter, due to steady demand for orders in the business market, it is expected that Dell and Hewlett-Packard’s LCD shipments will continue to stand out. However, due to the traditional off-season for the European and American markets in the second quarter, and the short May Day holiday in China, the promotion of sales performance is expected to be limited. Therefore, the overall shipment performance of brand manufacturers will tend to be conservative.

In the LED market, ViewSonic's LED display market share in March exceeded 50%, and the share of BenQ and Philips LEDs has increased significantly.

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