LPL » Topics » Competition

This excerpt taken from the LPL 20-F filed Jun 23, 2009.

Competition

The TFT-LCD industry is highly competitive. Due to the capital intensive nature of the display industry and the high production volumes required to achieve economies of scale, the international market for display devices is characterized by significant barriers to entry, but the competition among the relatively small number of major producers is intense. Currently almost all TFT-LCD manufacturers are located in Asia, and we compete principally with manufacturers from Korea, Taiwan, China and Japan.

The principal elements of competition for customers in the TFT-LCD market include:

 

   

product portfolio range and availability;

 

   

product specifications and performance;

 

   

price;

 

   

capacity allocation and reliability;

 

   

customer service, including product design support; and

 

   

logistics support and proximity of regional stocking facilities.

Our principal competitors are:

 

   

Samsung Electronics (including the joint venture formed by Samsung Electronics and Sony Corporation in April 2004) and Hydis in Korea;

 

   

AU Optronics, Chi Mei Optoelectronics, Chunghwa Picture Tubes, HannStar and Innolux in Taiwan;

 

   

Sharp, Hitachi, TMDisplay, Mitsubishi, Sony and IPS-Alpha in Japan; and

 

   

SVA-NEC, Infovision and BOE-OT in China.

According to DisplaySearch, in 2008, Korean TFT-LCD manufacturers had a market share of 46.1% of the 10.0-inch or larger panel market based on revenue, Taiwanese manufacturers had 38.8% and Japanese manufacturers had 12.1%.

This excerpt taken from the LPL 20-F filed Apr 16, 2008.

Competition

The TFT-LCD industry is highly competitive. Due to the capital intensive nature of the display industry and the high production volumes required to achieve economies of scale, the international market for display devices is characterized by significant barriers to entry, but the competition among the relatively small number of major producers is intense. Currently almost all TFT-LCD manufacturers are located in Asia, and we compete principally with manufacturers from Korea, Taiwan, China and Japan.

The principal elements of competition for customers in the TFT-LCD market include:

 

   

product portfolio range and availability;

 

   

product specifications and performance;

 

   

price;

 

   

capacity allocation and reliability;

 

   

customer service, including product design support; and

 

37


   

logistics support and proximity of regional stocking facilities.

Our principal competitors are:

 

   

Samsung Electronics (including the joint venture formed by Samsung Electronics and Sony Corporation in April 2004), Infovision and BOE-Hydis in Korea;

 

   

AU Optronics, Chi Mei Optoelectronics, Chunghwa Picture Tubes, HannStar and Innolux in Taiwan;

 

   

Sharp, Hitachi, TMDisplay, Mitsubishi, Sony and IPS-Alpha in Japan; and

 

   

SVA-NEC and BOE-OT in China.

According to DisplaySearch, in 2007, Korean TFT-LCD manufacturers had a market share of 44.1% of the 10.0-inch or larger panel market based on revenue, Taiwanese manufacturers had 42.4% and Japanese manufacturers had 10.2%.

This excerpt taken from the LPL 20-F filed Apr 11, 2007.

Competition

The TFT-LCD industry is highly competitive. Due to the capital intensive nature of the display industry and the high production volumes required to achieve economies of scale, the international market for display devices is characterized by significant barriers to entry, but the competition among the relatively small number of major producers is intense. Currently almost all TFT-LCD manufacturers are located in Asia, and we compete principally with manufacturers from Korea, Taiwan, China and Japan.

The principal elements of competition for customers in the TFT-LCD market include:

 

   

product portfolio range and availability;

 

   

product specifications and performance;

 

   

price;

 

   

capacity allocation and reliability;

 

   

customer service, including product design support; and

 

   

logistics support and proximity of regional stocking facilities.

Our principal competitors are:

 

   

Samsung Electronics (including the joint venture formed by Samsung Electronics and Sony Corporation in April 2004) and BOE-Hydis in Korea;

 

   

AU Optronics, Chi Mei Optoelectronics, Chunghwa Picture Tubes, HannStar and Innolux in Taiwan;

 

   

Sharp and IPS-Alpha in Japan; and

 

   

SVA-NEC and BOE-OT in China.

According to DisplaySearch, in 2006, Korean TFT-LCD manufacturers had a market share of 44% of the 10.0-inch or larger panel market based on revenue, Taiwanese manufacturers had 43% and Japanese manufacturers had 9%.

This excerpt taken from the LPL 20-F filed Jun 21, 2006.

Competition

The TFT-LCD industry is highly competitive. Due to the capital intensive nature of the display industry and the high production volumes required to achieve economies of scale, the international market for display devices is characterized by significant barriers to entry, but the competition among the relatively small number of major producers is intense. Currently almost all TFT-LCD manufacturers are located in Asia, and we compete principally with manufacturers from Korea, Taiwan, China and Japan.

 

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Table of Contents

The principal elements of competition for customers in the TFT-LCD market include:

 

    product portfolio range and availability;

 

    product specifications and performance;

 

    price;

 

    capacity allocation and reliability;

 

    customer service, including product design support; and

 

    logistics support and proximity of regional stocking facilities.

Our principal competitors are:

 

    Samsung Electronics (including the joint venture formed by Samsung Electronics and Sony Corporation in April 2004) and BOE-Hydis;

 

    AU Optronics, Chi Mei Optoelectronics, Chunghwa Picture Tubes, HannStar and Quanta Display in Taiwan;

 

    Sharp and Hitachi in Japan; and

 

    SVA-NEC and BOE-OT in China.

According to DisplaySearch, in 2005, Korean TFT-LCD manufacturers had a market share of 44% of the 10.0-inch or larger panel market based on revenue, Taiwanese manufacturers had 40% and Japanese manufacturers had 12%.

This excerpt taken from the LPL 20-F filed Apr 11, 2005.

Competition

 

The TFT-LCD industry is highly competitive. Due to the capital intensive nature of the display industry and the high production volumes required to achieve economies of scale, the international market for display devices is characterized by significant barriers to entry, but the competition among the relatively small number of major producers is intense. Currently almost all TFT-LCD manufacturers are located in Asia, and we compete principally with manufacturers from Korea, Taiwan, China and Japan.

 

The principal elements of competition for customers in the TFT-LCD market include:

 

    product portfolio range and availability;

 

    product specifications and performance;

 

    price;

 

    capacity allocation and reliability;

 

    customer service, including product design support; and

 

    logistics support and proximity of regional stocking facilities.

 

Our principal competitors are:

 

    Samsung Electronics (including the joint venture formed by Samsung Electronics and Sony Corporation in April 2004) and BOE-Hydis in Korea;

 

    AU Optronics, Chi Mei Optoelectronics (including IDTech), Chunghwa Picture Tubes, HannStar and Quanta Display in Taiwan;

 

    Sharp and Hitachi in Japan; and

 

    SVA-NEC and BOE-OT in China.

 

According to DisplaySearch, in 2004, Korean TFT-LCD manufacturers had a market share of 45.5% of the 10.0-inch or larger panel market based on revenue, Taiwanese manufacturers had 40.2% and Japanese manufacturers had 14.3%.

 

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