COVID-19 seriously impacted both the large-area TFT display business itself and the applications that use these panels in the first quarter, as the pandemic halted or slowed manufacturing in China.
Amid city wide lockdowns in many locations, purchasing a television is not a priority for most people. However, these same people increasingly need to buy computers, tablets and monitors so they can work from home or attend online school. This is spurring sales growth for IT-oriented TFT panels.
Chinese panel makers are expected to take the largest market share for both unit and area shipments of large-area TFT displays in 2020. This will mark the first time that these companies will lead the market.
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