According to DisplaySearch's latest quarter shipment of TFT LCD glass substrates and forecast report, TFTLCD glass substrate shipments in 2009 reached 242 million square meters, and it is estimated that this year will grow by 15% from last year. In addition to the severe economic recession caused by the demand for glass substrates in the fourth quarter of 2008, the demand for glass substrates has increased from quarter to quarter in 2009. At present, it has basically recovered and exhibited seasonal seasonal changes.
Mr. Tadashi Uno, Director of Materials and Key Components Research, pointed out that glass substrate manufacturers have learned important lessons from the huge losses caused by market changes in the fourth quarter of 2008 and the first quarter of 2009. For the new market demand, the current glass substrate manufacturers The main countermeasure is to improve the existing ones? Furnace capacity comes in response while minimizing investment in new furnaces.
Mr. Tadashi Uno stated that since the second quarter of 2009, glass substrates have been under tight supply conditions. Therefore, we believe that even if the market demand increases, there will be no significant price cuts in the recent glass substrate prices, so as to make TFT LCD glass substrate manufacturers profitable. Continued to increase.
From the perspective of vendor shipments, Samsung Corning Precision led the pack with 33% market share in the fourth quarter of 2009, AGC ranked second with 25% market share, and Corning and NEG accounted for 19% and 18%, respectively. % separated third and fourth. Among them, Samsung Corning has a supply advantage to South Korean panel makers, while AGC and Corning are basically comparable to Japanese and Taiwan panel makers' supply ratios.