SEPTEMBER 4--According to DisplaySearch (Austin, TX), a leader in flat-panel-display (FPD) market research and consulting, in its latest quarterly large-area TFT LCD shipment report, large-area (10 in. and larger) TFT LCD-unit shipments for the notebook-PC, LCD-monitor, LCD-TV, industrial, and Internet-appliance markets rose 41% year-over-year (Y/Y) and 23% quarter-over-quarter (Q/Q) in Q2'01 to a record high of 10.5 million units. Growth was led by LCD-monitor modules, which rose 43% Q/Q and 119% Y/Y to more than 3.6 million units and a 35% share of all large-area shipments, up from 30% in Q1'01.
Despite the rapid unit growth, large-area TFT LCD revenues fell 30% Q/Q and 7% Y/Y to $2.6 billion as average selling prices declined
24% Q/Q and 51% Y/Y to $247. After three consecutive quarters of sequential revenue declines, revenues are expected to rise 4.6% sequentially in Q3'01 and 6.1% in Q4'01 on slower price reductions and continued unit growth. However, revenues will still be down 27% Y/Y in Q3'01 and 13% in Q4'01.
For the year, large-area TFT LCD revenues are projected to fall 22% to $10.9 billion, with notebook PC modules down 40% to $5.5 billion, LCD-monitor modules up 8% to $4.6 billion, and non-PC modules up 27% to $785 million.