Japanese vendors take up over half of the total production capacity at approximately 65% in 2015 in terms of LCD (IGZO) production capacity by country,, according to MIC (Market Intelligence & Consulting Institute), a Taipei-based IT research institute. "However, the appearance of two Korea display vendors and other Chinese display vendors has brought some dramatic changes to reshuffle the market in 2016. Korean vendors have surpassed Japan to claim over 50% of the market and are expected to grab nearly 60% of the LCD (IGZO) market by 2017," says Chung-yu Yang, industry analyst with MIC.

Changes in LCD (IGZO) Production Capacity by Country, 2015-2017

Source: MIC, August 2016

"As of 2016, vendors that are leading in IGZO technology include Sharp from Japan and Samsung Display (SDI) and LG Display (LGD) from Korea. Following behind is CEC Panda LCD Technology from China, which received technology transfer from Sharp in 2013 and began production in 2015," Yang added.

To see more about this report, please visit: Challenges and Opportunities of IGZO Panels

For future receipt of press releases, or more information about MIC research findings, please contact MIC Public Relations.

About MIC

Market Intelligence & Consulting Institute (MIC), based in Taipei, Taiwan, was founded in 1987. MIC is Taiwan's premier IT industry research and consulting firm providing intelligence, in-depth analysis, and strategic consulting services on global IT product and technology trends, focusing on markets and industries in Asia-Pacific. MIC is part of the Institute for Information Industry. https://mic.iii.org.tw/english