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LCD panel shipments see seasonal decline

LCD panel shipments are set for a “moderate seasonal decline” this quarter after seeing record shipments for TV and tablets in the last three months of 2013, according to the latest report from IHS Technology.

Global LCD panel shipments for the first quarter will reach 220 million units, down 9% on the quarter to December, according to the researchers.

December saw exceptionally high panel shipments, according to IHS, with TV panel shipments reaching 20.2 million units. The 50-inch-and-above segment grew its share in the fourth quarter to 14%, up from 10% in the third quarter.

Tablet panel shipments grew to 31.1 million in December, up 43% year-on-year.

While the notebook panel market also grew, the monitor segment saw panel shipments fall by 2% month-on-month and 8% year—on-year to 13.7 million in December.

“After completion of the pre-stocking and rush orders in the fourth quarter, market demand for LCD panels will not be as strong in January, which will affect overall volume for the first quarter,” said Ricky Park, senior manager for large-area displays at IHS.