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Shipments of LCD Monitors Return to Positive Growth in 1Q18
April 30, 2018 | TrendForceEstimated reading time: 1 minute
According to WitsView, a division of TrendForce, the shipments of LCD monitor recorded a positive year-on-year growth of 0.3% in 1Q18. Over the whole quarter, the demand saw drop in January and February, before showing a significant quarterly rise of 40.9% in March.
Anita Wang, senior research manager of WitsView, points out that LCD monitor market in 1Q18 has been more positive compared with 1Q17. Branded monitor makers were less motivated to ship products in 1Q17 due to the high prices of small size panels. In contrast, prices of LCD monitor panels appeared to be lower in the beginning of 2018, and then dropped further in March. The price drop has increased the profitability of companies, who have all become highly motivated in this quarter.
Apart from prices, the growing demand for curved gaming monitors has been another growth momentum in the market. The curved gaming monitor market has been expanding rapidly since 2017 due to the products’ high performance-price ratio and the popularity of video games. Nearly 40% of all the LCD gaming monitors are curved ones in 2017, and the figure is expected to reach 60% this year due to the high demand. This will further boost the annual shipments of gaming monitors to around 4 to 5 million units.
Based on the remarkable shipment performance in 1Q18, WitsView forecasts that the annual decline of LCD monitor shipments in 2018 will be 0.4%, lower than previous forecast of above 2.5%. The market decline even has a chance to become positive growth if the brands’ stocking up continues to boost the market.
About TrendForce
TrendForce is a global provider of the latest development, insight, and analysis of the technology industry. Having served businesses for over a decade, the company has built up a strong membership base of 435,000 subscribers. TrendForce has established a reputation as an organization that offers insightful and accurate analysis of the technology industry through five major research divisions: DRAMeXchange, WitsView, LEDinside, EnergyTrend and Topology. Founded in Taipei, Taiwan in 2000, TrendForce has extended its presence in China since 2004 with offices in Shenzhen and Beijing.
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