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Large-sized panel shipments to continue contracting in Jan.

TAIPEI--Contraction in global shipments of large-sized display panels will continue throughout January due to the industry's traditionally slow season and inventory adjustment for tablets, according to a local research firm.

Large-sized panel shipments are predicted to drop over the month by 10-11 percent, with television, monitor, laptop and tablet panels respectively declining 10 percent, 14 percent, 11 percent and 10 percent, market researcher WitsView said in a research note.

In December 2013, 73.71 million large-sized panels were shipped, down 3.6 percent from the 76.47 million units a month earlier, said WitsView. Tablet panels showed the sharpest monthly decline in December with a 11.5 percent drop, the firm said.

In the tablet market, only demand for iPad panels remained stable, while white box brands and others began inventory adjustment, WitsView said.

However, even market leader Apple Inc. is reportedly planning to make adjustments to iPad panels, Witsview noted.

Overall tablet panel demand has remained weak into the first quarter of this year on seasonal effects but also because new models from many brands will not hit the market until the second quarter, it said.

LCD TV panel shipments, meanwhile, came to 19.73 million units in December, a 1 percent rise from the previous month, while monitor panels were affected by inventory adjustments, leading to total December shipments of 13.68 million units or a sequential decline of 2 percent.

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