Demand for panels – both thin-film transistor liquid crystal display (TFT LCD) and active-matrix organic light-emittin...
Although flexible active-matrix organic light-emitting diode (AMOLED) panel shipments for smartphones are expected to continue growing in 2018...
And IHS Markit indicate that support for China as a low-cost sourcing destination is waning.
“The share of respondents who agree that China is a low-cost sourcing destination dipped below 50 percent for the first time in 2016,” said Paul Robinson, economist at IHS Markit. “This was down markedly from 70 percent in the 2012 survey.”
“Taken together with continued support for the country as a sourcing destination, the survey signals the arrival of China as a hub, or even the hub, of global supply chains rather than a mere cheap outsourcing destination,” Robinson continued.
China, India, and other nations in Asia continue to be the biggest winners in insourcing, with each showing strong increases. The developed world, particularly the European Union and the United States, show the weakest results, with less than a quarter of respondents planning to increase sourcing in either region.
A rare bright spot outside of Asia was the continued growth in Mexico, where 26 percent of respondents are looking to increase sourcing, up from 20 percent a year ago.
The survey respondents see the financial costs of supply chain disruptions increasing, with 19 percent of respondents saying that it was significantly increasing. This represents a reversal of the 2015 results when just one percent of respondents had that view. Less than two percent of respondents in the 2016 survey viewed the risk as decreasing at all.
CTIMES loves to interact with the global technology related companies and individuals, you can deliver your products information or share industrial intelligence. Please email us to email@example.com
- 1Taipei City Government Invites Tech Leaders to Jointly Develop Smart City
- 2The Three Major Chinese Memory Companies Arrange Trial Production to Begin in 2H18
- 3Increased Supply of IT Panels in 2018 May Pose a Risk of Oversupply
- 4Taiwan Establishes National Quantum Computer Research Project
- 5AMOLED Panel Demand in Smartphone Market Expected to Grow Much Slower Than Expected, IHS Markit Says