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Large-sized display panel shipments rise in March

TAIPEI--Worldwide shipments of large-sized display panels rose in March, the peak restocking period, according to a local research firm.

Large-sized panel shipments totaled 66.57 million units in March, up 11 percent from the previous month, with television panels recording the sharpest monthly increase of 22.4 percent to 20.99 million units, WitsView said in a research note earlier this week.

The rise in liquid crystal display (LCD) TV panel shipments in March 2014 was driven by the demand ahead of China's May 1st holiday and the upcoming football World Cup in Brazil. The lower base period in February because of the Lunar New Year also contributed to the increase, said Jeffy Chen, a senior research manager at WitsView.

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