A new study from Taiwan's MIC (Market Intelligence & Consulting Institute) on Sharp and CEC to build a Gen 8.5 line in China has revealed that Chinese LCD vendors have been able to rapidly shorten the technology gap with aggressively luring Taiwanese, Japanese, and Korean talents. Display & Optical Research Team, MIC says "From the second half of 2013 to 2015, numerous vendors will set up LCD plants in China, including Samsung Display's Suzhou plant, LGD's Guangzhou plant, BOE's Hefei plant and Chongqing plant, CSOT's second Shenzhen plant, and CEC-Panda's Nanjing plant. By 2015, there will be a total of 18 Gen 8.5 fabs worldwide; eight of them will be located in China."

"Moreover, instead of focusing on value-line segment, Chinese vendors were able to ship high revolution 4K2K panels in the second quarter of 2013, immediately following Taiwanese vendors' mass production of such panels in the first quarter of 2013."

However, to fend off foreign competitors, the Chinese government has imposed protective tariff, prompting vendors who mainly sell LCD TVs domestically in China to purchase panels from local suppliers.

Commenting on the result of the study, Display & Optical Research Team, MIC says "All of the LCD fabs will begin mass production in 2015. Together with the existing capacity, the self-efficiency rate of China's LCD TV panels will exceed 75%, or even reach 100% should each production line be running at full capacity."

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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