1. LCD Industry Cycle Development

1.1 Changes in LCD Industry Cycles

1.2 Factors Impacting LCD Industry Cycles

1.2.1 Panel Supply and Demand Create LCD Cycle

1.2.2 Demand Variables Direct LCD Industry Cycles

1.2.2.1 The Influence of the Consumer Market Becoming More Evident

1.2.2.2 Expansion Strategies of Downstream Clients Face Increased Difficulty in Terms of Demand Forecasting

1.2.2.3 Value Chains of Downstream Clients Integrating Upwards, Creating Supply Chain Battles

1.3 The Historical Lessons of 2007-2008

2. New Challenges for the Display Panel Industry       

2.1 Market Environment

2.2 Industry

2.3 Business Operations

Appendix

Historical trends in the LCD industry cycle

Recent changes in the LCD industry cycle, including changes on the demand-side

New challenges for display panel industry, including challenges arising from the overall market development, from industry trends and challenges in business operations

Companies and organizations analyzed or mentioned in the report include: LGE, Panasonic, Philips, Samsung, Sharp, Sony, Toshiba

Figure 1  Worldwide LCD Panel Industry Operating Profit Margins, 1Q 2003 ?4Q 2008

Figure 2  Worldwide Large-size LCD Panel Demand and Production Capacity YoY Growth Rates, 1Q 2003 ?4Q 2008

Figure 3  Worldwide Large-panel LCD TV Panel Supply Chain Demand, 1Q 2008 ?4Q 2008