Oversupply in Global Display Market Corrected, IHS Markit Says

Dateline City:
LONDON
Multimedia
All Other Multimedia:
Contacts
Technology
Lee Graham, +1 303 264 9404
lee.graham@ihsmarkit.com

LONDON (August 2, 2016) – Because of seasonally very weak demand and the ramping of new capacity in China, flat-panel display (FPD) supply exceeded demand by 20 percent in the first quarter of 2016, the largest glut since early 2012. The market began to rapidly correct itself in the second quarter and is now trending toward surprising tightness in the second half of 2016. Supply is expected to tighten still further in 2017, according to IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions.

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