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April 26, 2017

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Chinese TV makers to arrive for big purchases

TAIPEI, Taiwan -- A delegation representing China's displays industry is expected to arrive in Taiwan later this week to conduct talks to buy LCD TV panels and other components from local suppliers.

The delegation from the China Video Industry Association (CVIA) will be headed by its deputy director Bai Weimin, nicknamed "Queen of Display Panels" because of her leading role in arranging massive purchases of TV components by China makers over the past few years.

Last year, the Bai-led CVIA delegation placed orders worth more than NT$4.5 billion with Taiwan's TV component suppliers for products including LCD panels, image processing chips and DRAM parts.

This year, the delegation, which represents China's TV makers, is expected to place orders of similar value.

The CVIA group, whose trip is organized by the Taiwan External Trade Council (TAITRA), will also attend a symposium on cross-strait cooperation for the displays industry.

TAITRA noted that the flat-panel display industry is undergoing a big change, with the focus shifting away from TVs to mobile and wearable devices.

China has become the largest TV market in the world, according to various market research firms.

Although it remains big, the TV market in China has shown signs of slowing growth since a government program subsidizing TV purchases ended in June 2013.

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