February 2, 2007
Production output for flat panel display industry could surpass 2 trillion by the year 2010, according to a report by the Industrial Technology Research Institute's Industrial Economics and Knowledge Center (IEK) released in Dec. 2006.
By Oct. 2006, flat panel output had already exceeded 1 trillion, said the IEK.
The key to reaching the 2nd trillion in output lies mainly in large, medium, and small sized TFT-LCD panels and related key component businesses, said Jim Chung, a flat panel researcher at IEK.
Chung characterized Taiwan's flat panel industry as having three development stages. The first stage began investment in second-generation production line drivers and then moved to the current second stage with the development of driver technologies. The third stage -- which Chung says Taiwan is about to enter -- will focus on innovation in design, manufacturing and materials to create a new stage for growth.
The IEK projects that Taiwan's flat panel monitor industry will grow in 2006 by 32.1% over the previous year, for a total industry output of
NTD 1.28 trillion.
Of this figure, large, medium and small sized TFT-LCD flat panels, TN/STN flat panels, and OLED (organic light emitting diode) panels comprised the majority of industry output at
NTD 925 billion and grew by 31% over 2005; key components grew by 35%, totaling
NTD 359.5 billion of industry output.
Large screen TFT-LCD panels comprised
NTD 796.66 billion of panel output in 2006, increasing by 35.2% over the previous year. Small and medium-sized TFT-LCD increased by 22.4%, comprising
NTD 83.15 billion, and TN/STN panels grew by 9.8%, comprising
NTD 68 billion.
IEK projects that Taiwan's flat panel monitor output will increase from
NTD 972.1 billion in 2005 to
NTD 2.240 trillion in 2010. The research group estimates that compound growth for monitors will be 15.8% for the 2005-2010 period, while compound output growth for panels and key components will be 14.2% and 19.6%, respectively.
(Central News Agency)
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