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Japanese and Korean Vendors Lead in IGZO Technology, MIC Says

Published: Aug 22,2016

Changes in LCD (IGZO) Production Capacity by Country, 2015-2017(Source: MIC, August 2016)

Japanese vendors take up over half of the total production capacity at approximately 65% in 2015 in terms of LCD (IGZO) production capacity by country, according to MIC (Market Intelligence & Consulting Institute).

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"However, the appearance of two Korea display vendors and other Chinese display vendors has brought some dramatic changes to reshuffle the market in 2016. Korean vendors have surpassed Japan to claim over 50% of the market and are expected to grab nearly 60% of the LCD (IGZO) market by 2017," says Chung-yu Yang, industry analyst with MIC.

"As of 2016, vendors that are leading in IGZO technology include Sharp from Japan and Samsung Display (SDI) and LG Display (LGD) from Korea. Following behind is CEC Panda LCD Technology from China, which received technology transfer from Sharp in 2013 and began production in 2015," Yang added.

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