The Global Flat Panel Display Industry

By

Jeffrey Hart

Indiana University

March 2011

Global Display Market

Figure 4. Production Shares of TFT LCDs by Location, 1993-2005, in percentages

Source: Thomas Murtha, Stefanie Lenway and Jeffrey Hart, Managing New Industry Creation (Stanford, Calif.: Stanford University Press, 2001) updated.

Major TFT-LCD Manufacturers, 2011

Japan Korea Taiwan US ChinaSharp •Samsung

•LG Philips Display•Sony-Samsung LCD

•AU Optronics (AUO)•Chi Mei Optoelectronics (CMO)•HannStar•Quanta Display•Chunghwa Picture Tubes

none •Beijing Orient Electronics (BOE)•Tianma•TCL Huaxing•CEC Panda

Generations 1-7 of Glass Substrates

Source: Samsung Corning Precision, http://www.scp.samsung.com/content/en/product/generation.asp.

Generation 7-8 TFT LCD Plant in Paju, S. Korea (LG)

Sixth Generation TFT-LCD Substrates

Source: AUO.

China Panel Capacity

Higher Generation Plants Needed to Produce LCD TVs

Representative Geographic Distribution of TFT-LCD Tool and Glass Suppliers, 2011

Western

Europe

Japan Korea US

Unaxis Canon

Nikon

Shimadzu

Tokyo Electron

Applied

Technology

Photon Dynamics

Schott Asahi

NEG

Samsung-Corning

Corning

tools

glass

Summary

• China is the latest country to enter the market for TFT LCD displays

• Korean and Taiwanese firms are the market leaders at the moment

• So far, Chinese firms have not invested heavily in the latest generation plants

• Joint ventures with Japanese, Korean and Taiwanese firms may be the best way to go for Chinese firms

• All TFT LCD firms must work with world-class producers of materials and manufacturing equipment to be competitive