SEOUL: Korea-based panel makers held an over 60% market share of Ultra HD (4K) TV panel shipments during the third quarter of 2015, according to new figures from Sigmaintell Consulting.
Total 4K TV panel shipments reached 11.34 million in the third quarter, up 30% on quarter, to reach a 17% penetration, the firm said, adding Samsung Display and LG Display were responsible for over 60% of the shipments.
Former leading panel makers in the segment Innolux and AU Optronics (AUO) meanwhile dropped to the third and fourth positions while China-based BOE rose to the number five spot as it unfolded new capacity.
Market analysts have stated one of the major reasons why the shift in 4K panel shipments has occured is because Korea makers are focused on production of RGBW panels, which cost less to produce.
These panels have taken off in China where many vendors are using the technology whereas Taiwan makers are focused on higher-quality True RGB displays to achieve native 4K resolution. About 40 million 4K TV panels are expected to ship in 2015 and reach between 65-70 million in 2016, according to market estimations.
