LCD monitor shipments to drop over 10% in Q1
January 29, 2014, 12:08 am TWN
TAIPEI--Global shipments of liquid crystal display (LCD) monitors will drop by more than 10 percent in the first quarter of 2014 due to the traditional low season and inventory pressure, according to a local market research firm.
First-quarter shipments by manufacturers of LCD monitors are being affected by a labor shortage, fewer working days during the Lunar New Year holiday and weakened inventory pull-in momentum of brands, WitsView said in a research note.
As brands aggressively boosted shipments in the last quarter of 2013 and the end demand digested slowly, huge inventories have accumulated at the retailer end, said Anita Wang, a researcher at WitsView.