AUO's share of global LTPS panel market forecast to spike
March 18, 2014, 12:10 am TWN
TAIPEI--AU Optronics Corp. (AUO, 友達光電), one of Taiwan's leading flat panel makers, is expected to sharply increase its share of the global advanced low-temperature polycrystalline silicon (LTPS) screen market in the next three years based on its efforts to boost production, a research report said Wednesday.
WitsView, a display research division at the Taipei-based market advisory firm TrendForce Corp., said in the report that AUO's share of the LTPS screen market is expected to rise to 16 percent by 2016 from 5.6 percent in 2013.
AUO is planning to transform an 8.5th generation plant in Kunshan in Jiangsu Province into a 6th generation factory that will employ LTPS technology to produce panels for smartphones and tablets.
The company had planned an 8.5th generation plant for the production of large-sized TV screens but because of the glut in that market, AUO changed its strategy and decided instead to roll out small-sized displays for the booming mobile device market in China.
The Kunshan plant, scheduled to become operational in 2016, is expected to help boost AUO's visibility in the global LTPS screen market, according to the WitsView report.
By 2016, AUO will be second only to Japan Display Inc., which is likely to see its LTPS market share fall to 21.6 percent from 40.8 percent in 2013 amid rising competition, WitsView forecast.