In 2017, Chinese manufacturers will outstrip the South Korean in terms of the output of large-format LCD panels, analysts predict WitsView. It is expected that by 2020 China will provide about 50% of this production.

According to experts, in 2017, vendors from the PRC will release 35.7% of the world's large-scale displays in size compared to 30.1% in 2016, which will allow them to take the first place among the rest of the world's regions. The second largest contribution will be made by Taiwanese companies - they will account for 29.8% of the total shipments, instead of 28.9% a year earlier. The former industry leader, South Korea, will now drop only to third place with a 28.8% result, which is significantly worse than last year's 34.1%.

Also, experts estimated that this year on a global scale will be released 246.6 million square meters. m large-format liquid crystal panels, which is only 1.3% more than in 2016. However, in the future, with the commissioning of new capacities, production volumes will grow faster: from 2018 to 2020, an annual increase of 8% -9% is expected,. Thus, by the end of the period, the world output of large-format LCD panels should reach 317.8 million square meters. m, the study says.